Generally, a covered position is an outright long position or short position that is covered-i.e., protected, by an offsetting hedging...
An option sensitivity (literally a cross Greek) that measures the rate of change of vega in one underlying in reaction...
Hedging a cash (spot) commodity or security with a futures contract where the underlying commodity is similar but not identical...
The hedge that involves using a cash (spot) commodity or security with a futures contract where the underlying commodity is...
An option or futures spread trade that is established by simultaneously buying and selling options or futures that have different...
A modification of the flexible cap. It combines the features of a flexible cap and a chooser cap. More specifically,...
An interest rate swap giving the holder the option to choose to enter into either a receiver swap or a...
An option that gives its holder the right to decide before maturity whether to go with it as a call...
A CAPS “option” in which a maximum level is placed on the payout in the form of a specified points...
A margin which is posted by a member of a clearinghouse (in a process called clearing) so as to ensure...