double option

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 ?
His is the only position which we don't have a double option.
Cyprus is exploring a double option in a bid to secure the recapitalisation of its banking sector and to address its refinancing needs, Minister of Finance Vassos Sharly said on Tuesday.
Consequently the cross option agreement, or double option as it is also known, also needs to be in place.
In double option, the QB reads one defender to decide which of two offensive players should run the ball.
1) is a simple double option, often called the Speed Option.
We like to use the triple and double option out of the shotgun to complement our running game.
Darwin users may place equity orders, single option order, double option orders (spreads and straddles) and/or exercise options into stock," explained Klein.
And students will now be able to take single and double options in a range of vocational subjects like sport and travel and tourism.
MIAMI -- Inter-Continental and Crowne Plaza hotels in Latin America have expanded their popular Holiday Options program to include many more options, and more importantly -- double options.
He's expecting to see the gamut in Thursday's game - receiver passes, double options, perhaps even the swinging gate.