Re-establishing an original position taken by an option buyer, undoing whereby a previously made conversion or reversal of an option…
An option on a cap. In other words, an interest rate caption is an option to buy or sell an…
An option that expires before its stated expiration date if the underlying has made significant leaps prior to an early…
An option that expires or pays off if the underlying hits or exceeds the outstrike price. For example, in the…
A barrier option which has a hard barrier (i.e., a level rather than a range). This option is typically knocked…
The longer-date option in an option spread. That is, the part of an option spread (such as a calendar spread)…
An option that a company offers to an employee in a stock ownership (stock purchase or stock option agreement) or…
A currency option that confers on the holder the right, but not the obligation, to purchase an amount of foreign…
A currency option that confers on the holder the right, but not the obligation, to sell an amount of foreign…
A cross-currency derivative which constitutes an option giving the holder the right, without the obligation, to enter into a cross-currency…