A Parisian option is a crossover between a barrier option and an Asian option. However, the payoff of a Parisian...

Buying a put option (i.e., a long put position) is mainly a bet that the underlying price is going to...

In simple terms, a currency option is the right to buy or sell an amount of a currency at a...

Gamma is the second derivative of the option’s price (premium) with respect to the underlying price/ rate. It is usually...

A digital option (also a binary option) is an option which pays off a fixed amount of money if a...

At inception, swaps are transacted at zero cost to both parties. A swap with a zero cost is called a...

The option contract (option) is a zero-sum game (not a win-win situation) because the gains made by the option's buyer...