A khiyar (option) which is conferred on each of the parties to a contract (aqd) allowing them to rescind it...

A khiyar (option) that constitutes a condition stipulated in the contract. This option confers on the parties to the contract...

An option on an interest rate swap. It grants the holder the right, without the obligation, to enter into an...

A volatility value that is implied from an option pricing model (like the Black-Scholes model) representing the standard deviation of...

An amount of money which is paid to the buyer of a barrier option if the barrier is reached. This...

A knock-out option (barrier option) that refunds the holder a predetermined part of the premium should the knock-out occur. Once...

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

The sensitivity of vega (kappa) to a change in the underlying price of an option contract. That is, it is...

An option that can be exercised at any time before, and including, expiration date. This type of options provides investors...

Foreign exchange collar; an option-based strategy which is established by purchasing a European-style option (the cap) and selling of another...