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Quantile Option

A path-dependent option that is a theoretical (as yet) extension of a lookback option. The option's payoff is based on...

Quanto Option

An option (particularly a currency-protected option) whose underlying asset is measured in one currency and the payoff is quoted in...

European Put Option

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

European Call Option

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

Mean-Dependent Option

A path-dependent option that uses average prices over the whole period of the option's life or part of it, rather...

YES

It stands for yield enhanced stock; a type of equity derivative; by definition, it is a type of convertible preferred...

Yield Enhanced Stock

A type of equity derivative; by definition, it is a type of convertible preferred that has a preset cap on...

Bear Put Spread

An option strategy whereby a number of put options are bought at a certain exercise price and an equal number...

IV

It stands for intrinsic value; generally, it is the effective monetary advantage which would be obtained when an option is...

Intrinsic Value

Generally, it is the effective monetary advantage which would be obtained when an option is immediately exercised. In call options,...