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Dark Spread

The spread that relates the revenue received from selling electricity to the cost of producing it from coal. This spread...

Dark Green Spread

The spread that results from power minus coal and carbon costs. That is this spread captures the profit realized by...

Dirty Price of Bond

The full price of a bond. It is calculated by adding accrued interest and any commissions or fees to the...

Dollar Value of One Basis Point

The dollar value of one basis point (DV01) is the derivative of price with respect to yield: This tool reflects...

Dollar Duration

The dollar duration is the derivative of price with respect to yield: This tool reflects the dollar (rather than the...

Dollar Duration of a Swap

The dollar duration of an interest rate swap is the difference between the dollar duration of the two bond positions...

Down-and-In Option

A variant of a barrier option in which the right to exercise activates or becomes active if the actual “spot”...

Dollar-Weighted Put/Call Ratio

A revised version of the put/call ratio that uses the dollar value of traded options instead of the volume statistics....

Diagonal Iron Butterfly

An iron butterfly that involves selling a short-term strangle rather than a short-term straddle. In so doing, an investor can...

Diff Swap

A currency swap whereby a rate observed in one currency is applied to a principal amount denominated in another currency....