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Delta Greeks

A classification of option greeks that relate to, or are based on, delta. Examples include delta (for calls and puts),...

Price Spread

Another name for a vertical spread which is an options strategy constructed by buying and selling the same numbers of...

Share Warrant

A type of warrants whereby a company grants an investor (warrantholder) a contractual right (without the obligation) to subscribe to...

Equity Warrant

A type of warrants whereby a company grants an investor (warrantholder) a contractual right (without the obligation) to subscribe to...

Short Wrangle

A wrangle, i.e., a complex ratio spread in which a short position is taken in the two ratio spreads in...

Debt Warrant

A warrant that is designed to entice potential investors to purchase the underlying debt (a bond or other debt instruments)...

Short Albatross

A complex and versatile option trading strategy (basically an albatross spread) which involves selling one deep in-the-money option, buying one...

Discrete Barrier Option

A barrier option in which the barrier level is only monitored discretely at specific dates, rather than continuously. In practice,...

Crush Spread Option

An option that has a crush spread as underlying. This option is used in the soybeans futures market and is...

Either-Or Option

An option which gives its holder the right, without the obligation, to exercise on the best or worst return earned...