A breed of options that bear non-standard features/ elements, as opposed to vanilla options (plain vanilla options). These features/ elements...

A volatility strategy (volatility trade) which combines futures and options and is constructed by buying a put option (long put)...

A measure of fluctuation in the price movement of an asset (usually, a tradable asset such as a stock) over...

A call (i.e., request) which is issued by a broker demanding a customer (whether a short seller or a party...

The amount of cash or marginable securities (e.g., treasuries, blue chip stocks) that a holder of a futures or options...

An option sensitivity measure (a second-order greek) that captures the second order sensitivity of an option to the volatility of...

A second-order Greek is a second-order derivative of the option value with respect to some variable. Equivalently, it is the...

A second-order Greek is a second-order derivative of the option value with respect to some variable. Equivalently, it is the...

An event of significant magnitude that takes place or is observed at the end-or tail- of a bell curve- i.e.,...

A risk measure for options which is computed by relating an option's theta to its gamma: Alpha = decay/ gamma...