An option-related strategy that is based on the replacement of a position by closing out one option at a given…

A forward option in which the payout is measured as the difference between the forward rate (or the strike) set…

With respect to an option's strike (strike price), it refers to the situation where the implied volatility (volatility skew) remains...

A rule that assumes that the implied volatility for an option with a given strike price and maturity will not...

A barrier strike that represents the underlying price at which knock-in options become standard options, i.e., effective and able to...

A type of barrier strike that represents the underlying price at which knock-out options expire or pay off in case...

The strike level at which a barrier product (e.g., a barrier option) either becomes effective (in which case, it is...

An option on a forward rate agreement (FRA) that gives the holder the right, without the obligation, to buy an…

A floater that involves a short position in a strip of caps over the life of collateralized motgage obligation (CMO)…

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