A slang term that denotes deep out-of-the-money options, that is, those options whose exercise price is considerably above (for a...

An abbreviation for deep-in-the-money elasticity; the elasticity of an option where its value doesn't respond to changes in the underlying...

The elasticity of an option where its value doesn't respond to changes in the underlying price. As such, it delta...

An option is said to be deep in the money when its exercise price is significantly below (for a call...

The state of a derivative (swaps, options, etc.) being in a heavily losing position. In case of options, this implies...