Double

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Double

The purchase of a call and a put on the same underlying asset with the same strike price and the same expiration date. A double enables one to profit from whatever price movement the underlying takes. That is, if the price goes up, the holder exercises the call, and if it goes down, he/she exercises the put. If one of the options is in the money, the other must be out of the money.
References in periodicals archive ?
Meanwhile, Audrey is double-dealing in a clever build up to some seasonal showdowns.
They happened to know each other but were unaware of his double-dealing.
EDIE Falco, best known as gangster's wife Carmela in The Sopranos, is on the receiving end of double-dealing in this ambitious if overlong drama set in Florida.
These measures must have been under preparation for months - if not years - and the fact that they suddenly appear now as part of anti-corruption legislation shows just what double-dealing bastards they really are.
He's also able to shapechange into an attractive human businessman running an extensive corporation complete with double-dealing employees, crooked lawyers and business practices left over from his piratical ancestor, who built the island fortress he lives in.
No chance - there will be the usual in-fighting, backstabbing and double-dealing in the scramble for survival.
Lots of lust, double-dealing, insider detail plus a dollop of nostalgia for the old days of Fleet Street make this an entertaining read.
THE BILL'S fabulous four-parter following the double-dealing of slimy PC Eddie Santini was absolutely electrifying as Sergeant Rosie Fox risked her own career to prove her deadly enemy is really a bent copper.
TO cut the value of our brave armed forces' wages while showering praise on the same personnel smacks of double-dealing by David Cameron.
Despite all the plots and double-dealing among the 13 candidates Sir George is coming up on the rails.