A plain vanilla option in which the strike is determined as a percentage of the future/forward price. For instance, a 110% moneyness...

A barrier option (particularly a European barrier option) which has a fluffy barrier. The fluffy barrier has a progressive or gradual effect, as it...

An option that can be exercised on discrete dates before expiration. In other words, the holder has to mark two conditions for...

The payoff of a derivative contract that moves one-for-one with changes in the underlying price or rate. In general, derivatives subdivide into two common...

An option that allows the holder to repeatedly exercise the right to receive greater or smaller amounts of the underlying. In...

This second-order greek expresses the quality of gamma in terms of the time decay (rent). Therefore, it indicates the quality of the earnings from...

The present value of the expected future net cash flows of a derivative. This value captures the current credit exposure...

The delta value of a derivative or a position multiplied by the notional principal. It is the delta hedge of a derivative position expressed in dollars. This...

For a specific option, it is an individual trader who stands ready to quote both a bid and an offer price on the...

An exotic option whose underlying is a foreign asset (like a foreign equity) denominated in either domestic or foreign currencies and struck...