A synthetic straddle that is constructed either with a long put and a long synthetic call (long put combined with long stock) or with a long call and a long...
A tool that measures the amount of change in the delta of a derivative (most often an option) in response to a unit change in...
An option that can be exercised on discrete dates before expiration. In other words, the holder has to mark two conditions for...
This second-order greek expresses the quality of gamma in terms of the time decay (rent). Therefore, it indicates the quality of the earnings from...
A swaption (option on a swap) that gives the holder the right, without the obligation, to enter into a swap as the fixed-rate receiver...
A put option on a swap in which the buyer has the right, but is not obliged, to enter into a swap wherein he...
A complex options trading strategy which involves taking a long position in a ratio call spread (call backspread) and a...
The difference between the CDS quotes in one currency and another. This spread could trade as a standalone product. For example, a...
A quanto spread that is constructed using two forward rates. It is mainly used to hedge quanto risk in the interdealer market. This spread can be...
A knock-out option in which the barrier is triggered when the option gets in the money (ITM). The barrier level knocking the option out would...