An option in which the cap level is based on the last rate set for the underlying floating rate (LIBOR)....
A nonstandard American call option on the dollar value of the Mexican stock index, the Bolsa Mexicana de Valores. This...
A straddle whereby an investor simultaneously buys two options (a call and a put) on the same stock, index, interest…
A contingent premium option in which premium is only paid at expiration date. The amount of the premium depends on…
An interest rate swap (IRS) whose maturity doesn’t exceed 2 years. A short-term interest rate swaps (STIRS) involves the settlement…
An options strategy that involves the replacement of a position by closing out one option contract with another that has…
A zero coupon swap (ZC swap) in which payments are reversed. That is the zero coupon payment is made at…
A calendar put spread that involves selling a far-month put and buying a near-month put of the same strike price.…
A calendar call spread that involves selling a far-month call and buying a near-month call of the same strike price.…
A gut spread that is established by combining short in-the-money calls and short in-the-money puts, with all options having the…