An arithmetic Asian option in which the payoff is determined with respect to the arithmetic average price of the underlying...
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…
A neutral option trading strategy that is based on four legs involving selling a low strike put (one short put),…
