It stands for premium adjusted spot delta; a spot delta (standard sensitivity of a vanilla option with respect to changes...
A floor (interest rate floor) which provides protection against interest rate downward fluctuations for a future period starting at some…
A cap (interest rate cap) which provides protection against interest rate upward fluctuations for a future period starting at some…
An interest rate floor that has a forward start date. In other words, the floor comes into effect at some…
A variant of a barrier option in which the right to exercise deactivates or becomes inactive if the actual “spot”…
A type of barrier options (a floored put) which is associated with a strike price and a floor barrier below…
A type of barrier options which is associated with a strike price and a cap barrier above the strike price.…
A type of option which effectively comes into life at a future date and is traded before that date and…
A diagonal calendar spread (or a calendar diagonal spread) which constitutes an option trading strategy based on the selling of…
A spot delta (standard sensitivity of a vanilla option with respect to changes in the spot rate/ price) that accounts...