With respect to option contracts and other types of derivatives, it refers to the feature allowing the holder (the long)…

An option whose payoff is partially based on the movement of its underlying asset from initial cash price to the…

A floating-strike lookback option in which the lookback period starts at inception (contracting date/ trading date or the date the…

A straddle whereby an investor simultaneously buys two options (a call and a put) on the same stock, index, interest…

The period of seven days from today to an option's expiration date. That is, a one-week option written (issued) on...

The expiration variance which is associated with an options position. In practice, there is a lag between the close of...

An American-style, non-standard option that neither expires nor has an exercise limit. Since it has an infinite time to maturity, which means...

It stands for near the money; the state in which options or option positions, whose market prices are very near...

The state in which options or option positions, whose market prices are very near to their strike prices, are the...

A call or put option whereby the holder has the retroactive right to purchase (if a call) or sell (if...