A multiperiod option purchase strategy that is designed to avoid large losses in any single investment period by committing 10%…
The language of derivatives (such as delta, DV01, vega, gamma, notionals, vol-vol, fugit, etc) may be hard and confusing to…
An abbreviation for inflation-indexed cap; an inflation derivative that pays out if inflation (as measured by percentage increase in the…
The volatility value which is realized during the period immediately preceding the date of forecast. This period is equal to…
A standardized, exchange-traded futures contract to buy or sell a money market security at a set price on a particular…
It stands for immediate historical volatility; the volatility value which is realized during the period immediately preceding the date of…
A barrier option which has a hard barrier (i.e., a level rather than a range). This option is typically knocked…
A commodity that is the product of mining and extractive processes (such extraction of metals, minerals, oil, coal, etc). This…
It stands for gas-at-the-pump futures. It is a futures contract in which the underlying is the retail price of gasoline.…
The longer-date option in an option spread. That is, the part of an option spread (such as a calendar spread)…