A spread option position whereby the price of the option purchased (long option) exceeds the price of the option sold...
An option combination that longs a call and a put simultaneously in order for an investor to protect himself/ herself...
An option combination that longs a call and a put simultaneously in order for an investor to protect himself/ herself...
An option contract that has another option contract as underlying. This product depends on volatility of volatility (vol-vol) and therefore...
A covenant in a bond issue that allows a bondholder to sell, or put, a bond back to the issuer...
An option strategy (also a covered put) whereby an investor, holding a long position in stock, purchases a put on...
A credit spread option which gives the holder the right, but not the obligation, to sell a defaultable reference bond...
A bearish option strategy that involves selling (shorting) a share of stock and at the same time selling (or shorting)...
A cancellable swap in which the fixed-rate receiver/ floating-rate payer has the right, but not the obligation, to terminate the...
An old-dated term for an option; by definition, a privilege/ option is a derivative contract granting its owner the right, but...