A call strip which involves short positions. The short call strip can be constructed with a number of contracts (call...

A series of futures contracts with sequential delivery months. Most often, it refers to a series of interest rate futures...

An interest-only (IO) which entitles its holder to receive a fixed coupon stripped off a collateral weighted average coupon (WAC)....

One of two components (strips or tranches) of a mortgage-backed security (MBS) or other types of mortgage structured products (e.g.,...

An interest-only (IO) which entitles its holder to receive a fixed coupon stripped off a collateral weighted average coupon (WAC)....

An interest rate cap that has a forward start date. In other words, the cap comes into effect at some...

An option trading strategy which is constructed by buying from three and up to eight put options. In this strategy,...

In options realm, a strip is a combination of options whereby two puts and one call are bought on the...

An option trading strategy (a standard strip) which is constructed by buying a number of call options (from three and...

A standard option on an underlying contract which is composed of a strip of monthly, quarterly or seasonal futures, whereas...