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Bear Trap

An adverse situation that short sellers confront when a bear market reverses itself and turns bullish. Anticipating the market further...

Equity-Linked Foreign Exchange Option

A compo option that gives the holder the right to trade a foreign equity, with a strike denominated in the...

Bear Spread

An option strategy that attempts to maximize profits in bearish markets, i.e., when the prices of the underlying securities drop....

Bear Floater

A structured security (a floater or floating rate note- FRN) which allows an investor to take advantage of increasing interest...

Bear Steepener

The widening of the yield curve which results from long-term interest rates increasing at a faster pace than short-term interest...

Out-of-the-Money Option

Always from buyer’s perspective, it is an option whose underlying’s market price at a given point within its time to...

Outright

An order to purchase or sell only one particular type of futures contract. That is, the order doesn't involve taking...

Coupon PVBP of a Swap

The present value (PV) of the change in the value of a swap that results from to a one basis...

Coupon PV01 of a Swap

The present value (PV) of the change in the value of a swap that results from to a one basis...

PVBP of a Swap

The present value of a basis point (PVBP or PV01) of a swap is the change in its value due...