When an investor purchases a stock on expectation its price will rise, he is said to have taken a long...

It stands for dollar value of one basis point; DV01 captures the effect of a one-basis movement in interest rates...

The position of the floating-rate receiver (who is also the fixed-rate payer) on an interest rate swap. In a plain...

A long position in a forward contract whereby an investor agrees to buy the underlying asset on a specified future...

A jelly roll consists of a long time spread and a short time spread, one made up of puts, the other of calls, all having the same strike...

Buying a credit default swap (CDS); a long position in a credit default swap (CDS). It is equivalent to shorting credit risk, i.e., having a...

An option trading strategy that involves buying a call option at a given strike price and selling a call option...

A position that is taken in the market and still active (not closed). This involves an investment (e.g., a share...

A synthetic futures which consists of buying calls and selling the same amount of puts with the same strike price and expiration date. Long synthetic futures = (long...

An option trading strategy where an investor buys a call and a put on the same underlying with the same expiration date but with...