An alternative plan or set of plans whereby an entity (business) or individual defines what can be done if original...
In finance, a position is a specific amount of a security, commodity, or currency that is owned by a market...
Generally speaking, it is the amount of (or amount of exposure to) of a security, commodity, investment, or currency that...
A limit on speculative positions in options on futures contracts. The futures-equivalent of an option position is the number of…
A tranche that comes with the lowest priority amongst the entire set of tranches constituting a securitized structure (CMBS structure,...
A position in which negative deltas offset positive deltas. The overall delta of the position is zero or very close…
A tranche that comes with the lowest priority amongst the entire set of tranches constituting a securitized structure (CMBS structure,...
A trading that involves an investor (called a position trader) taking a position in the market, on expectation of, or...
A futures option whose underlying is a specific interest rate. The holder of such an option, by exercising it, obtains…
An options strategy that involves the replacement of a position by closing out one option contract with another that has…
