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.
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.
The movie follows a grouchy woolly mammoth (voiced by Ray Romano), a hyperactive sloth (John Leguizamo) and a double-dealing saber-toothed tiger (Denis Leary, channeling Lee Van Cleef) who partner up to bring an abandoned infant boy back to his human tribe.
Double-dealing Nick was careful not to tell fellow contestants on TV's Big Brother he had joined an upper-crust dating agency.
The televised confrontations should be a golden opportunity for Gordon Brown to remind voters of Labour's credibility and expose Mr Cameron's inexperience, confusion and double-dealing.
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.
Susannah upset the other contenstants early on with her posh voice and double-dealing.
No chance - there will be the usual in-fighting, backstabbing and double-dealing in the scramble for survival.
He was a comic overreacher, what Woody Allen called ``a wolf in sheep's clothing,'' who made millions roar with cowardly, double-dealing ploys to grab money and women.
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.
The Boyzone star was one of the good guys, a friendly and generous figure in an industry scarred by backbiting and double-dealing.
Lots of lust, double-dealing, insider detail plus a dollop of nostalgia for the old days of Fleet Street make this an entertaining read.