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Forward Volatility Agreement

An agreement that a seller and a buyer enter into in order to exchange a straddle option at a specific...

FVA Straddle

An at-the-money forward straddle that underlies a forward volatility agreement (FVA). This agreement involves buying or selling the straddle at...

FVA

An agreement (forward volatility agreement) that a seller and a buyer enter into in order to exchange a straddle option...