A par asset swap whose underlying asset (e.g. a convertible bond) is repackaged with an equity warrant stripped therefrom, with...
In relation to credit spreads (in credit spread swaps, credit spread options, etc.), it is the difference between the credit...
A time-dependent option contract that consists of a series of consecutively-activated forward start options, each of which is struck at...
The strike of an option contract that can be changed during the life of the option. For example, a commodity...
An option whose strike price is not fixed at the start. In general, this option constitutes a basket of component...
A payoff (of some derivative instrument) whose amount is a concave function of the value of the underlying instrument. The...
An at-the-money forward call option is a call with a strike price equal to the forward price of the underlying...
It has different implications in different contexts. In general, delta defines the number of units of an asset that should...
An at-the-money forward put option is a put with a strike price equal to the forward price of the underlying...
An option which gives its holder the right to exercise on the best or worst return earned on two or...