A bond which is payable at par to its holder on demand once the lock-out or deferment period expires. This…
A provision, attached to a puttable bond, which allows the bondholder to put (give back) the bond to the issuer…
A bond which is payable at par to its holder on demand once the lock-out or deferment period expires. This…
A gut spread that is established by combining short in-the-money calls and short in-the-money puts, with all options having the…
An option trading strategy in which a near-month straddle is sold, and a far-month straddle is bought at the same…
An abbreviation for liquid yield option note; a form of zero-coupon convertible bond (convertible zero-coupon bond) that was introduced by Merrill…
An option (latent option) that gives the holder the right to put a convertible bond or convertible preferred stock to...
A currency option that confers on the holder the right, but not the obligation, to purchase an amount of foreign…
A currency option that confers on the holder the right, but not the obligation, to sell an amount of foreign…
It stands for put reverse knock-in; a reverse knock-in option (RKI option) that becomes in the money (ITM) once the...