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At-The-Money Straddle

A straddle whose strike is equal to (or closest to) the price of its underlying asset. It is a combination...

Lookback Straddle

An option in which the holder has the right to receive a payoff reflected in a range, or the difference...

Forward Volatility Agreement

An agreement that a seller and a buyer enter into in order to exchange a straddle option at a specific...

ATMF Straddle

A volatility trading strategy that combines an at-the-money forward call (ATMF call) with an ATMF put with opposite deltas, in...

Multi-Leg Options Order

An option order whereby a trader can simultaneously buy and sell a number of different options that usually could only...

Straddle Purchase

An option combination that longs a call and a put simultaneously in order for an investor to protect himself/ herself...

Straddle

An option combination that longs a call and a put simultaneously in order for an investor to protect himself/ herself...

Volatility Trading

Strategies which are designed to speculate or take a view on changes in market volatility rather than in market direction....

FVA Straddle

An at-the-money forward straddle that underlies a forward volatility agreement (FVA). This agreement involves buying or selling the straddle at...

FVA

An agreement (forward volatility agreement) that a seller and a buyer enter into in order to exchange a straddle option...