摘要: A financial derivative that represents a contract sold by one party (option writer) to another party (option holder). The contract offers the buyer the right, but not the obligation, to buy (call) or [阅读全文:]
摘要: Exotic options traded on the over-the-counter market, where participants can choose the characteristics of the options traded.
The flexibility of these options is attractive to many. Wit[阅读全文:]
摘要: 1. For a call, when an option's strike price is higher than the market price of the underlying asset.
2. For a put, when the strike price is below the market price of the underlying asset.
摘要: An exotic call option that's value is determined by the differing performance of two underling assets or securities. The holder gains on the amount one asset outperforms another, both of which are pr[阅读全文:]
摘要: An option that is bought or sold by itself; in other words, the option position is not hedged by another offsetting position. An outright option can be either a call or a put.
Most optio[阅读全文:]
摘要: A hedged position in which the offsetting position is for a greater amount than the underlying position held by the firm entering into the hedge. The over-hedged position essentially locks in a price [阅读全文:]
摘要: The set of all the call options or all the put options for a particular stock, index fund, or futures security on a listed exchange. The number of options available for purchase or sale within a given[阅读全文:]
摘要: A pattern of months in which option contracts usually expire (usually a nine month period). There are three common cycles:
JAJO - January, April, July, and October
MJSD - March, June, Se[阅读全文:]
摘要: A publication issued by the Options Clearing Corporation (OCC) that first-time option traders are required to read before being allowed to make any option trades. The document prepares traders for the[阅读全文:]
摘要: A type of mutual fund with the goal to generate current income for its investors from the premium it earns by selling option contracts. The profits investors earn on the options are taxed as ordinary [阅读全文:]