A bullish option strategy (a combo) which is based on selling out-of-the-money puts and buying out-of-the-money calls in order to...
A longevity derivative in which regular payments are made to a firm (investment bank, insurance company, pension fund, etc.) based...
A parameter that measures the fatness of the tails of a probability distribution. It describes the shape of the probability...
A currency option (FX option or foreign exchange option) in which the premium payment is conditional on the actual movement...
A complex option trading strategy (a box) that combines a lower-strike long synthetic futures and a higher-strike short synthetic futures....
A structured product (floored floating rate note) in which a minimum level of coupon depends on a specific floor rate...
The absolute change in option price in response to a percentage point change in volatility. Kappa is used by traders...
A second-order Greek that that relates the rate of change in a derivative's rho to changes in volatility. In other...
A second-order Greek that that relates the rate of change in a derivative's rho to changes in volatility. In other...
A floating-rate note (floater) in which the reference rate is magnified by a factor λ (where λ > 1). Therefore,...