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double option

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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.


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1) is a simple double option, often called the Speed Option.
Running an option attack from a shotgun by Cochran, Nathan N. / Coach and Athletic Director
We like to use the triple and double option out of the shotgun to complement our running game.
Gun-option by Bryant, Jim / Coach and Athletic Director
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