alligator

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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 ?
Connection options include alligator clips, and a modular plug and jack.
For another piece, he used alligator clips and the little plastic discs used to tie loaves of bread.
The instrument comes with a protective holster and Flex-Stand, a safety designed test lead set, alligator clips, one 9V alkaline battery, a user's manual, and a quick reference guide.
Different-sized holes cut in the board, alligator clips, and spikes will hold food for chopping or peeling.