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Derivatives

  Derivatives   |   Terms
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  • July 28, 2021
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NEO

It stands for non-equity option; an option whose underlying is a security other than stock, such as a commodity, debt security, financial futures, index, etc. Examples include: commodity options, bond options, futures options, currency options, interest rate options, etc. In general, a non-equity option is any listed option which doesn’t qualify as an equity option, but nevertheless is traded on, or subject to, the rules of a qualified board or exchange.


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