It stands for geometric Brownian motion; a process that reflects the time-evolution of an asset price. It is a stochastic...

A process that reflects the time-evolution of an asset price. It is a stochastic process commonly used in finance to...

An option that gives the holder the right to buy or sell a currency swap at a specified exchange rate…

It is a volatile options strategy, a variant on a ratio backspread (specifically a credit spread), which is the exact...

A type of exercise whereby one can bypass the need to use one's own money to buy a stock underlying...

A futures option whose underlying is a specific interest rate. The holder of such an option, by exercising it, obtains…

It refers to unrealized capital profits in an open position in options or futures (or generally in an investment portfolio).…

A hybrid instrument that gives the holder a long position in a straight debt instrument in addition to the right (option)…

It refers to unrealized capital losses in an open position in options or futures (or generally in an investment portfolio).…

A diagonal calendar spread (or a calendar diagonal spread) which constitutes an option trading strategy based on the selling of...