With respect to option contracts and other types of derivatives, it refers to the feature allowing the holder (the long)…
A common option cycle which constitutes a series of option contracts that have the same terms and features and expire…
An option contract that has an earlier expiration date than a contract that is presently being devised or considered. For…
An option contract that has a later expiration date than a contract that is presently being devised or considered. For…
It equals the number of shares in an option contract (typically 100 shares) multiplied by the exercise price in that…
An abbreviation for close-to-the-money option; an option contract in which the underlying’s market price is very near to the strike…
The week that begins on Monday prior to the Saturday expiration of any three classes of option contracts. The week leading…
An options strategy that involves the replacement of a position by closing out one option contract with another that has…
The week that begins on Monday prior to the Saturday expiration of any four classes of option contracts. The week…
The month that that marks the expiration of any four classes of option contracts. This month, the last month in…