摘要: The modern composite-margin requirements that must be maintained in a derivatives account containing options and/or futures contracts. Portfolio margin accounting requires a margin position that is eq[阅读全文:]
摘要: A strategy of holding two offsetting positions, one of which creates an incoming cashflow that is greater than the obligations of the other.
Similar to arbitrage, positive carries genera[阅读全文:]
摘要:
1. In investing, income that is earned through the sale of an option. The writer of an option earns premium income; the buyer of the option pays the writer a premium in order to have the right (but[阅读全文:]
摘要: 1. The total cost of an option.
2. The difference between the higher price paid for a fixed-income security and the security's face amount at issue.
3. The specified amount of payment [阅读全文:]
摘要: An obligation made by one company to secure the declining value of another company's assets through the commitment of shares.
Made famous by Enron, this method of backing a company's d[阅读全文:]
摘要:
A risk-management strategy that investors can use to guard against the loss of unrealized gains. The put option acts like an insurance policy - it costs money, which reduces the investor's potenti[阅读全文:]
摘要: The additional amount of service years that Canadian pensioners can purchase to go towards their pension account. Pensioners may purchase additional service time to cover service absences for reasons [阅读全文:]
摘要: A risk that the writer of an options or futures contract faces when the price of the underlying asset closes at or very near the exercise price of the contract upon expiration.
This is a very s[阅读全文:]
摘要: The tendency of a stock's price to close near the strike price of heavily traded options (in the same stock) as the expiration date nears.
This doesn't always happen, but it often does[阅读全文:]