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Lookback Currency Option

A currency option which is enhanced by a lookback feature (lookback option), granting the holder the right to trade a specific amount...

Low Exercise Price Option

A call option with an exercise price initially set deep in-the-money. Since it is highly likely that the option will...

LEPO

A low exercise price option, which is, by definition, a call option with an exercise price initially set deep in-the-money....

Long Calendar Spread

A calendar spread that involves the purchase of an option with a longer expiration and the sale of an option with the...