Strap
[概述]Anoptionsstrategycreatedbybeinglonginoneputandtwocalloptions,allwiththeexactsamestrikeprice,maturityandunderlyingasset.A
Call Rule
[概述]Aexchangerulewherebytheofficialbiddingpriceforacashcommodityiscompetitivelyestablishedattheendofeachtradingdayandheldunt
Bull Vertical Spread
[概述]英文名稱：BullVerticalSpread中文名稱：看漲期權縱向多空套做一種投資策略，預期某種證券價格將上漲，但爲了避免因預測錯誤、證券價格下跌會造成損失而採取的操作策略。Anbullishstrategyusedbyinvestors
Riskless Society
[概述]Afictionalsocietyinwhichtheworldmarketsbecomecompleteandsophisticatedenoughthateveryimaginableriskcanbemitigatedbyinsura
Caput
[概述]Atypeofexoticoptionthatconsistsofacalloptiononaputoption.Essentially,acaputgivestheholdertherighttopurchaseanotheroption
Average Rate Option - ARO
[概述]Anoptionusedtohedgeagainstfluctuationsinexchangeratesbyaveragingthespotratesoverthelifeoftheoptionandcomparingthattothes
Outright Option
[概述]Anoptionthatisboughtorsoldbyitself;inotherwords,theoptionpositionisnothedgedbyanotheroffsettingposition.Anoutrightoption
Underlying
[概述]1.Inderivatives,thesecuritythatmustbedeliveredwhenaderivativecontract,suchasaputorcalloption,isexercised.2.Inequities,th
Charm
[概述]Therateatwhichthedeltaofanoptionorwarrantwillchangeovertime.Charmreferstothesecondorderderivativeofanoption'svalue-oncet
Step Premium
[概述]Atypeofoptionwherethecostofpurchasingtheoptionispaidgraduallyasthestrikeapproachesinsteadofwhenthetradeisinitiated.Theop
Bull Spread
[概述]Anoptionstrategyinwhichmaximumprofitisattainediftheunderlyingsecurityrisesinprice.Eithercallsorputscanbeused.Thelowerstr
Outperformance Option
[概述]Anexoticcalloptionthat'svalueisdeterminedbythedifferingperformanceoftwounderlingassetsorsecurities.Theholdergainsontheam
Triple Witching
[概述]Aneventthatoccurswhenthecontractsforstockindexfutures,stockindexoptionsandstockoptionsallexpireonthesameday.Triplewitchi
Call Ratio Backspread
[概述]Averybullishinvestmentstrategythatcombinesoptionstocreateaspreadwithlimitedlosspotentialandmixedprofitpotential.Itisgene
Asian Tail
[概述]Anoptionfeaturewherebyareferencepriceisactivatedattheendofanoptionshouldtheunderlyingfallbelowaspecifiedaveragebeforeopt
Exit Option
[概述]Anembeddedoptionwithinaprojectthatallowsthefirmaborttheiroperationsatlittleornocost.Anexitoptioncantypicallyonlybeexerci
Bull Call Spread
[概述]Anoptionsstrategythatinvolvespurchasingcalloptionsataspecificstrikepricewhilealsosellingthesamenumberofcallsofthesameass
Cylinder
[概述]Atermusedtodescribeatransaction,involvingtwoderivatives,wherethereisnoinitialcostbournebytheinvestorwhenenteringintothep
VIX Option
[概述]Atypeofnon-equityoptionthatusestheCBOEVolatilityIndexastheunderlyingasset.Thisisthefirstexchange-tradedoptionthatgivesin
Put-Call Ratio
[概述]Aratioofthetradingvolumeofputoptionstocalloptions.Itisusedtogaugeinvestorsentiment.Forexample,ahighvolumeofputscomparedt
Ratio Spread
[概述]Anoptionsstrategyinwhichaninvestorsimultaneouslyholdsanunequalnumberoflongandshortpositions.Acommonlyusedratioistwoshort
Intercommodity Spread
[概述]Goinglongononefuturesmarketinagivendeliverymonthandsimultaneouslygoingshortonthesamecommodityanddeliverymonthbutadiffere
Basel Committee (Basle Committee)
[概述]BaselCommitteeonBankingSupervisionTheBaselCommitteehasplayedaleadingroleinstandardizingbankregulationsacrossjurisdiction
Call On A Put
[概述]Oneofthefourtypesofcompoundoptions,thisisacalloptiononanunderlyingputoption.Iftheoptionownerexercisesthecalloption,heors
Option Chain
[概述]Awayofquotingoptionspricesthroughalistofalloftheoptionsforagivensecurity.Foreachunderlyingsecurity,theoptionchaintellsin
Underlying Option Security
[概述]Anunderlyingoptionsecurityisthefinancialinstrumentonwhichaderivative's(i.e.,anoption's)valueisbased–itprovidesthepriceth
Gamma
[概述]Therateofchangefordeltawithrespecttotheunderlyingasset'sprice.Mathematically,gammaisthefirstderivativeofdeltaandisusedwh
Risk Reversal
[概述]1.Incommoditiestrading,itisahedgestrategythatconsistsofsellingacallandbuyingaputoption.Thisstrategyprotectsagainstunfavo
Automatic Exercise
[概述]AprocedureimplementedtoprotectanoptionholderwheretheOptionClearingCorporationwillautomaticallyexercisean"inthemoney"opti
Registered Options Principal - ROP
[概述]Anemployeeatabrokeragefirmthatisresponsibleforsupervisingoptions'exposureandthetradingactivitiesonoptionswithinclientacc
Series 42
[概述]AnexamofferedbytheFinancialIndustryRegulatoryAuthority(FINRA)forfinancialprofessionalsseekingtobecomelicensedoptionsrepr
Trade or Fade Rule
[概述]Anoptionexchangerulethatpreventstheoccurrenceofatradethrough.Ifabetterbidispostedonanotherexchangeforanoptionandamarketm
Covered Straddle
[概述]Anoptionstrategythatinvolveswritingthesamenumberofputsandcallswiththesameexpirationandstrikepriceonastockownedbytheinves
Option Cycle
[概述]Apatternofmonthsinwhichoptioncontractsusuallyexpire(usuallyaninemonthperiod).Therearethreecommoncycles:JAJO-January,Apri
Double Barrier Option
[概述]Anoptionwithtwodistincttriggersthatdefinetheallowablerangeforthepricefluctuationoftheunderlyingasset.Inorderfortheinvest
Down-and-In Option
[概述]Aformofaknock-inoptionwhosepayoffisdeterminedbythepriceoftheunderlyingassetsinkingtothebarrierpricelevel.Iftheunderlying
Butterfly Spread
[概述]Anoptionstrategycombiningabullandbearspread.Itusesthreestrikeprices.Thelowertwostrikepricesareusedinthebullspread,andthe
Horizontal Spread
[概述]Anoptionsstrategyinvolvingthesimultaneouspurchaseandsaleoftwooptionsofthesametype,havingthesamestrikeprice,butdifferente
Swaption (Swap Option)
[概述]Theoptiontoenterintoaninterestrateswap.Inexchangeforanoptionpremium,thebuyergainstherightbutnottheobligationtoenterintoa
Index Arbitrage
[概述]Aninvestmentstrategythatattemptstoprofitfromthedifferencesbetweenactualandtheoreticalfuturespricesofthesamestockindex.Th