A trader who has a positive gamma in a position taken in options or option combinations. Such a trader expects...
A swap agreement that practically converts the cash flows from an amortizing debt instrument into a fixed payment at the...
A step-up cap which applies the minimum level of a given benchmark rate (index rate) as observed in the reset...
A call or put option whereby the holder has the retroactive right to purchase (if a call) or sell (if...
The network of lines and nodes which is laid out in the establishment of a binomial or trinomial option pricing...
It stands for long-term structured note; a structured note whose maturity typically exceeds one year (though at times, it is...
It stands for long-term structured note; a structured note whose maturity typically exceeds one year (though at times, it is...
A structured note whose maturity typically exceeds one year (though at times, it is more than three years). The note...
An option trading strategy which involves selling a near-month call option and buying a far-month call in order to benefit...
A gut iron condor spread which is constructed by buying one call at the lowest strike, selling one call at...