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Position Limit

The maximum number of option contracts that an investor can hold on one side of the market. Accordingly, long calls...

European Option

An option that can only be exercised on expiration date. An American option, in contrast, may be exercised at any...

Dint

A call or put option whereby the holder has the retroactive right to purchase (if a call) or sell (if...

Non-Expiring Option

An American-style, non-standard option that neither expires nor has an exercise limit. Since it has an infinite time to maturity,...

BW Strategy

It stands for buy-write strategy; an options trading strategy whereby an investor buys a share of stock or a basket...