It stands for near-the-money option; an option contract in which the underlying's market price is very near to the strike...
An option contract in which the underlying's market price is very near to the strike price. For example, a call...
An OTC option that belongs to the class of correlation derivatives, and which represents a European-style derivative with a payoff...
A volatility whose magnitude is theoretically set the same across different delta values of an option. The standard Black-Scholes model...
A spread option (an interest rate derivative) that pays a coupon based on the differential between the CMS rate over...
A volatility whose magnitude is theoretically set the same across different delta values of an option. The standard Black-Scholes model...
The purchase of an equity derivative such as an equity futures, an equity forward, or a synthetic equity option and collateralize it with an existing cash...
It stands for funding value adjustment; it constitutes part of x-value adjustments (XVA). By definition, it is the value adjustment...
An agreement (forward volatility agreement) that a seller and a buyer enter into in order to exchange a straddle option...
An option or futures spread trade that is established by simultaneously buying and selling options or futures that have different...