An abbreviation for deep-in-the-money elasticity; the elasticity of an option where its value doesn't respond to changes in the underlying...
The elasticity of an option where its value doesn't respond to changes in the underlying price. As such, it delta...
An option is said to be deep in the money when its exercise price is significantly below (for a call...
The state of a derivative (swaps, options, etc.) being in a heavily losing position. In case of options, this implies...
A forward contract/ futures contract that has a flat/ constant contango over the course of its lifespan. Contango occurs when...
A floater that that has no redemption date (maturity date), i.e., whose principal never matures. The note only has perpetual...
The elasticity of an option where its value increases (for a call) and decreases (for a put) one-for-one with the...
A quanto option in which the terminal payoff is denominated in a foreign currency, instead of the domestic one (the...
A call option that is based on an underlying basket of stocks whose individual returns at the end of each...
A capped call which allows an investor to have exposure to a basket of stocks (e.g. 10 stocks), all of...