摘要: A strategy of trading options whereby the trader will purchase a long call and a long put with the same underlying asset, expiration date and strike price. The strike price will usually be at the mone[阅读全文:]
摘要: Publicly traded options contracts with expiration dates that are longer than one year. Structurally, LEAPS are no different than short-term options, but the later expiration dates offer the opportuni[阅读全文:]
摘要: An exotic option that allows investors to "look back" at the underlying prices occurring over the life of the option and then exercise based on the underlying asset's optimal value. This type of op[阅读全文:]
摘要: An alternative investment strategy in which professional portfolio managers use futures contracts as part of their overall investment strategy. Managed futures provide portfolio diversification among [阅读全文:]
摘要: An option strategy whereby an investor, holding a long position in stock, purchases a put on the same stock to protect against a depreciation in the stock's price.
摘要: An option with a built in mechanism to expire worthless should a specified price level be exceeded.
An exotic option mainly used for commodities and currencies.
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摘要: An option that locks-in gains once the underlying reaches predetermined price levels or "rungs," guaranteeing some profit even if the underlying security falls back below these levels before the opt[阅读全文:]
摘要: A ratio comparing change in option price to a 1% change in option volatility.
It is the partial derivative of the option price with respect to the option volatility. Lambda is used as a synonym [阅读全文:]
摘要: The cessation of a privilege, right or policy due to time or inaction. A lapse of a privilege due to inaction occurs when the party that is to receive the benefit does not fulfill the conditions or re[阅读全文:]
摘要: The final day that a futures contract may trade or be closed out before delivery of the underlying asset or cash settlement must occur. By the end of the last trading day, the contract holder must be [阅读全文:]