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Short Calendar Ratio Spread

A calendar ratio spread which involves buying short-term at-the-money options of the same type (both calls or both puts) and…

Short Diagonal Calendar Call Spread

A diagonal calendar call spread which is constructed by selling a long-term at-the-money call option and buying a short-term out-of-the-money…

Stock Index Futures Option

An option on a stock index futures which gives the purchaser the right, without the obligation, to trade the underlying…

EEP

It stands for early exercise premium; the difference between the premium (option price) of an American option and that of...

Early Exercise Premium

The difference between the premium (option price) of an American option and that of an otherwise identical European option. It...

Soft Commodity

A commodity that is obtained principally from agricultural or renewable sources, i.e., it is grown, not mined or extracted. Examples…

Short Stock

The act of selling shares of stock short. In other words, it involves the sale of shares not owned by…

Short Diagonal Calendar Call Spread

A diagonal calendar call spread which is constructed by selling a long-term at-the-money call option and buying a short-term out-of-the-money…

Short Term IRS

An interest rate swap (IRS) whose maturity doesn’t exceed 2 years. A short-term interest rate swap (STIRS) involves the settlement…

Called

When a call option is exercised, it is said, then, to have been called. For an option on a physical…