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Basket Option

A family of options whose underlying is a basket of assets, commodities, securities, currencies, etc. This multivariate option (warrant) is...

Caput

An exotic option (also called compound option) in which a call option is made on a put option, whereby giving...

Wash Sale

An illegal transaction which involves the sale of a security such as stock, bonds, or options, at a loss and...

Weighted Put/Call Ratio

A revised version of the put/call ratio that uses the dollar value of traded options instead of the volume statistics....

Static Replication

A method of hedging an option position with a position in vanilla options without altering or adjusting components for the...

WO Put Option

A worst-of option (WO option) in the form of a put; it is a put on the worst performing stock...

WO Call Option

A worst-of option (WO option) in the form of a call; it is a call on the worst performing stock...

Worst-Of Put Option

A worst-of option in the form of a put; it is a put on the worst performing stock or asset...

Worst-Of Call Option

A worst-of option in the form of a call; it is a call on the worst performing stock or asset...

Wild Card Option

A delivery option that allows the seller of a Treasury bond futures contract to give notice of intent to deliver...