double option

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Double Option

A call and a put rolled into a single option contract. A double option gives the holder the right (but not the obligation) either to buy or to sell the underlying asset at the strike price. That is, there are three choices for a double option: buy, sell, or do nothing and allow the option to expire. Double options are traded in Europe.

double option

A commodity option traded in Europe that gives its owner the right either to call (buy) or to put (sell) the underlying asset but not both. When one side of the option is exercised, the opposite side is automatically terminated.
References in periodicals archive ?
And students will now be able to take single and double options in a range of vocational subjects like sport and travel and tourism.
Three of my four frontrun- ners crossed the finishing line first, although I did hedge my bets slightly and offer double options.
Another wrinkle for McGuire emerged in an October 15, 2006, report from the law firm of Wilmer-Hale concerning double options.
The suspension was then lifted so that McGuire got a double option.
Like most double options, the drop option focuses on defeating the outside pursuit and enveloping the perimeter as quickly as possible.
He's expecting to see the gamut in Thursday's game - receiver passes, double options, perhaps even the swinging gate.