A tool that measures the calculated or implied mid-rate volatility for an ATM option for a specific expiration date. In...
The physical or cash commodity as differentiated from a futures contract in which it is used as an underlying. Differently...
The designation made by a clearing corporation requesting a specified option writer to purchase in case of a put option...
The adding up of all futures positions owned or controlled by one investor or a group of investors, so that...
An estimated price of an option based on the premise that the relationships between the underlying price and the option...
A capped call (or specifically an automatic cash-out option) whose payoff is a specific maximum level and which will automatically...
An interest rate floor the rate of which is an average of the reference rate over a specific period of...
An interest rate floor which consists of a limited string of floorlets designed to hedge future floating rate receipts, specifically...
The fixed rate in an interest rate swap expressed as a percentage rate instead of a premium or a discount to a specified reference rate. The...
An interest rate cap in which the successive caplets cover increasing notional principal amounts. In other words, the notional principal...