The purchase of one option and the sale of a different-type option with a different strike price. In other words,…

A combination of a long position in a forward-delivery instrument with a long lookback put on the spot value of...

A range forward contract, i.e., a variation on a regular forward contract which is used primarily to hedge or mitigate...

A fence whereby a put option is long (long put) and a call option is short (short put), both being...