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American Put Option

An American option contract which gives the holder the right, but not the obligation, to sell an underlying asset at...

American Call Option

An American option contract which gives the holder the right, but not the obligation, to buy an underlying asset at...

Z-Spread

It stands for zero-volatility spread. The basis points which are added to the yield at each point on the spot...

ZSC

It stands for zero-strike call option; a call option in which the strike price is set at zero. The underlying...

Spot Trader Option

An option which allows the holder to trade the underlying market with limited downside in return for a given premium....

SPOT

It stands for single payment options trading. A type of currency options trading in which an investor can choose whether...

Spot Price

The price at which a commodity or a financial instrument (a derivative) for immediate delivery is selling at a specific...

Slippage

With respect to futures, it is the difference between estimated transaction costs and the actual cost paid. Such unexpected costs...

Foreign Discount Bond Option

An option contract whose underlying is a foreign discount bond (cross currency bond). It is a bond option on a...

Reverse Barrier Option

A barrier option in which the barrier is set in the money, rather than out of the-money. This means the...