The premium (price) of a call option. It is an amount paid by the call option's buyer (holder) to the...

An action that entails the closing out of one leg or part of a spread or generally a derivative position...

The selling of one part of a combination option while retaining position in the remaining part. A leg is one...

An option or set of options that consists of one put and one call or more on either leg. The...

In general, a leg is one of several components or steps of a derivative transaction. In connection with combination options,...

A type of FX option whose payoff is determined based on a contractually agreed exchange rate and the difference between...

It stands for relative performance option; an option which pays the holder the difference between the price return of two...

An option which pays the holder the difference between the price return of two different assets such as a pair...

An equity option that gives its holder the right to purchase the underlying stock/ equity at a stated exercise price...

A futures contract which entails the exchange of one asset for another (such as cross currency options). Essentially, this option...