A market tool that measures investors' feelings about stock option risk levels in a particular stock index (the S&P 100)....

The band or range in which volatility changes upwardly and downwardly, but not exceeding its upper and lower boundaries. In simple terms,...

An interest rate cap in which the successive caplets cover increasing notional principal amounts. In other words, the notional principal...

An action that is taken by an investor or trader whereby he/ she chooses not to exercise or offset a long...