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Short Call Strip

A call strip which involves short positions. The short call strip can be constructed with a number of contracts (call...

Covered Option

A short call or put option position that is covered by the sale or the purchase of the underlying asset...

Naked Call

An option strategy which is established by taking a short position in an underlying not currently owned by the position...

Cap and Floor

An option-based strategy that is designed to establish a costless position and secure a return. It is a type of...

Callable Warrant

A warrant that constitutes a long option (long call or long put) which is held by an investor and is...

Uncovered Call

An option strategy which is established by taking a short position in an underlying not currently owned by the position...

Short Jelly Roll

A jelly roll consists of a long time spread and a short time spread, one made up of puts, the...

Wrangle

A complex ratio spread in which the same type of position is taken in both a put ratio spread and a call ratio spread. To...

Long Jelly Roll

A jelly roll consists of a long time spread and a short time spread, one made up of puts, the other of calls, all having the same strike...