An arithmetic Asian option in which the payoff is determined with respect to the arithmetic average price of the underlying...

An option that can only be exercised on expiration date. An American-style option, in contrast, may be exercised at any...

A currency option which is combined with a trigger price feature whereby it is converted into a forward forex contract…

It stands for put-call-futures parity; the relationship between the prices of calls (call options), puts (put options), and futures (futures…

A provision, attached to a puttable bond, which allows the bondholder to put (give back) the bond to the issuer…

A bond which is payable at par to its holder on demand once the lock-out or deferment period expires. This…

It stands for municipal option put security; a municipal fixed income security (e.g., a municipal bond) that comes with a detachable…

A gut spread that is established by combining short in-the-money calls and short in-the-money puts, with all options having the…

An option trading strategy in which a near-month straddle is sold, and a far-month straddle is bought at the same…

A put calendar spread that involves selling far-month put (short put) and buying near-month put (long put) of the same…