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 ?
Now the caiman is relaxing at the animal shelter, in a space usually reserved for homeless chickens.
The caiman was abundant in the rivers, lagoons and swamps of tropical South America, but extensive commercial hunting that began in the 1920s has relegated them to ever-dwindling islands of residual populations.
Palabras clave: Caiman latirostris, Caimanyacare, peso, dimensiones, valores sanguineos, variaciones fisiologicas.
I think it's carp but it could also be a caiman of about 1.
Evident Pride, partnered by Ian Mongan, was outsider of the eight and looked all of that off the home turn, meeting interference at the back as Grande Caiman kicked for home.
Apparently he loves the taste of caiman and has no qualms about eating it for self preservation.
This is a magnificent celebration of wildlife and the author, who wrote the text, took the photographs, experienced and lived in the Amazon over many months, details a wide range of specimens - from tiny ant to man-eating black caiman.
Erjan Ibrahim kept his collection of reptiles - including four large monitor lizards, four boa constrictor snakes and four Caiman alligators - in the specially-converted basement of his home.
Super Frank (8-1), the aptly-named Lethal (12-1), Grade Caiman (12-1) and Mina A Salem (6-1) all did the business for Khalid Abdullah's retained jockey.
International SA, and was formerly a director of Caiman Technologies Limited
Crocodilian breeders have noted problems with the morbidity and mortality rate of neonatal Yacare Caiman and Morelet's Crocodiles.
Last year, the animal charity rescued more than 3,700 unwanted or abandoned exotic animals in England and Wales, including a Misssissippi alligator kept in a pond liner in a 10ft bedroom, a spectacled caiman crocodile bought in a pub for pounds 20 and eight deadly snakes recovered from one home.