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Long Calendar Straddle

A calendar straddle (horizontal straddle) that is designed to profit as the underlying is believed to stay stagnant over a…

    Omega Risk

    A currency risk that is embedded in an option contract whose underlying is denominated in a currency other than that...

      Correlation Risk

      The risk that arises in many types of exotic options (particularly, multi-asset options, basket options, etc.) A correlation risk is...