摘要:A short-term option on a futures contract in which the underlying expires in a forward month. In a serial option, the option expires before the underlying comes to maturity. Exercising the option plac[阅读全文]

摘要:The right of a forward contract seller to choose some of the specifications of a commodity to be delivered. The choices about the delivered commodity's quality and delivery specifications must fit am[阅读全文]

摘要:A three-legged option strategy, often used in forex trading, that can provide a hedge against the undesired movement of an underlying asset. A seagull option is structured through the purchase of a ca[阅读全文]

摘要:A lookback option without an expiry date. This type of option can have either an American or a Mid-Atlantic settlement.

A Russian option is a perpetual lookback option. This is another s[阅读全文]

摘要:

A clause in a lease that outlines the terms for renewing or extending an original lease agreement. The renewal option appears as a covenant in the original lease and provides specifications under w[阅读全文]

摘要:An employee stock option that grants additional options upon exercise of the original.
The employee satisfies the exercise price of their current option with shares rather than cash. The reload [阅读全文]

摘要:An individual working on the floor of an exchange whose function it is to watch a number of options traded on the exchange to ensure that they are being traded fairly, in fair market conditions. The i[阅读全文]

摘要:An employee at a brokerage firm that is responsible for supervising options' exposure and the trading activities on options within client accounts. The ROP acts between the client making the order an[阅读全文]

摘要:A barrier option that offers a predetermined rebate, should the option be 'knocked-out.'
Should a rebate be enacted, it will be deducted from the premium paid to the issuer, thus reducing the [阅读全文]

摘要:A single option linked to two or more underlying assets. In order for the option to pay off, all the underlying assets must move in the intended direction.

The underlying securi[阅读全文]

摘要:An option contract giving the owner the right, but not the obligation, to sell a specified amount of[阅读全文]

摘要:An option that is based on a physical asset. Physical options give the owner the right to buy or sell[阅读全文]

摘要:A non-standard financial option with no fixed maturity and no exercise limit. While the life of a standard option can vary from a few days to several years, a perpetual option (XPO) can be exercised a[阅读全文]

摘要:An exotic option that is valued according to pre-determined price requirements for its underlying asset or commodity.

The payoffs associated with these options are determined by the path[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: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: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: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:A committee of representatives from participating exchanges responsible for providing last-sale options quotations and information from the participating exchanges.

OPRA divides its serv[阅读全文]

摘要:An option on a futures contract gives the holder the right to enter into a specified futures contract. If the option is exercised, the initial holder of the option would enter into the long side of th[阅读全文]