A type of bucketing which captures the exposure between cash positions and an option's expiration month. In other words, the...

A volatility strategy, which is an expensive variation on the strangle. The mambo combo is based on buying higher strike...

An options trading strategy whereby an investor buys a share of stock or a basket of stocks (e.g., an index...

An option position which is created by simultaneously buying an asset and selling a call option on that asset. This...

A Christmas tree spread that involves the selling of one call option at the lowest exercise price and the purchase...

An option strategy that attempts to maximize profits in bearish markets, i.e., when the prices of the underlying securities drop....

The vega value of a derivative instrument, a spread, or a position multiplied by the notional principal. It corresponds to...

A gut iron condor spread which is constructed by selling one call at the lowest strike, buying one call at...

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

A complex option trading strategy (cartwheel) in which the position is established by combining a long put backspread and a...