A barrier option which has a hard barrier (i.e., a level rather than a range). This option is typically knocked…
A commodity that is the product of mining and extractive processes (such extraction of metals, minerals, oil, coal, etc). This…
It stands for gas-at-the-pump futures. It is a futures contract in which the underlying is the retail price of gasoline.…
The longer-date option in an option spread. That is, the part of an option spread (such as a calendar spread)…
A barrier option that aims to prevent a knock out. Pricing of such an option depends on the amount of…
The exercise of an American-type option or other security prior to its maturity date. An option holder may choose to...
A clause in a contract, agreement or contractual obligation, such as a swap, whereby it is allowable to terminate the…
An acronym for asset-backed credit default swap. It is a credit default swap on a mortgage-backed security or an asset-backed…
An option that a company offers to an employee in a stock ownership (stock purchase or stock option agreement) or…
A currency option that confers on the holder the right, but not the obligation, to purchase an amount of foreign…