The sensitivity of an option price to the change in its underlying asset price. Differently stated, it is the change...

An option contract that has another option contract as underlying. This product depends on volatility of volatility (vol-vol) and therefore...

A bleed that measures the effect of time on an option contract (or an options portfolio) as it goes farther...

An option on a floor. In other words, a floortion is an option to buy or sell an interest rate...

An interest rate derivative (specifically, an interest rate option) which allows the holder to receive an interest rate payment during...

An interest rate derivative (specifically, an interest rate option) which allows the holder to receive an interest rate payment during...

An option on a swap, that is, an option contract which allows the holder to enter into a swap. An...

An average rate option in which the weighting of a given periodical price or rate (daily, weekly, monthly, ..) is...

A naked option is an option that is not covered with an offsetting position in the underlying. In other words,...

A multi-asset derivative whose components don’t belong to the same asset class. In general, financial derivatives can be divided into...