A type of option which effectively comes into life at a future date and is traded before that date and…

A diagonal calendar spread (or a calendar diagonal spread) which constitutes an option trading strategy based on the selling of…

A spot delta (standard sensitivity of a vanilla option with respect to changes in the spot rate/ price) that accounts...

A spot delta (standard sensitivity of a vanilla option with respect to changes in the spot rate/ price) that accounts...

A deferred payment option which permits the holder to freeze or lock-in the underlying price at which it will be…

An option trading strategy (a straddle calendar spread) whereby a near-month straddle is sold at a set strike and a…

A discrete barrier option which places a barrier cap on its underlying movements. A discrete barrier cap is similar to…

An interest rate cap that has a forward start date. In other words, the cap comes into effect at some…

A futures contract which matues at most distant months. That is, it has expirations or delivery dates furthest into the…

A position in which negative deltas offset positive deltas. The overall delta of the position is zero or very close…