alligator

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Related to Aligator: American alligator, Chinese alligator

Alligator

An option spread with unusually large commissions for the involved broker(s). In an alligator, the commissions are so large that the potential profit from the spread is not worth the expense. In such a situation, the investor holding the spread is said to be "eaten alive."

alligator

An option spread in which the commissions are so large a part of any potential profit that the investor gets eaten alive. Obviously, alligator spreads are of greater benefit to the broker than to the investor.
References in periodicals archive ?
We only overview two lines of work that are the most related to Aligator, and refer to (Kovacs, 2008) for more details.
Unlike this work, Aligator handles more general loops and uses no abstract interpretation.
Contrarily to this approach, Aligator generates polynomial and quantified invariants without the burden of a priori specified predicates.
The programming model of Aligator is restricted to P-solvable loops (Kovacs, 2008).
First, Aligator translates Figure 1(a) into Figure 1(b) by omitting test conditions.
Dwi'n hynod o lwcus o fod wedi gweld gorilas mynydd yn Affrica, siarcod tarw ac aligators yng Nghosta Rica, eirth brith yn Alaska a theigrod Siberia yn Rwsia," meddai Steve.