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 ?
This position and later philosophical assumptions are set in contrast with the theme of doubleness discussed above.
But Double Talk is concerned with more than one kind of doubleness.
In terms of Sedgwick's theory of doubleness and the gothic self-, this portrait of nursemaid and girl child reads as a prehistory of singleness, a scene of preoedipal female homosociality, that is to be contrasted with the commodifed and fragmented femininity Wharton associates with her mother.
Starting from the doubleness that marks the relationship between the narrator and a gecko, the story's protagonist, the narrative is foregrounded on duplicity.
Carolyn Ellis soon joins my internal conversation and announces that in her opinion, "There is nothing more theoretical or analytical than a good story" and immediately draws attention to the doubleness inherent within this kind of academic research and writing.
His own personal "doubleness," his constant perception of himself from the other's standpoint, his acute awareness of the offence of his language and perhaps his very existence, all this is subtly fused in the narrative with the doubleness of the history of racial division, the inbuilt possibility in the society and the cultural moment that Gilead represents of more than one story being told.
Keith Gandal, in a recent book, writes of "Gatsby's famous doubleness .
Flashback: About one year earlier, I am confronted with a different sort of doubleness at the Black Playwrights Convening for the American Voices New Play Institute at Arena Stage, hosted in Washington, D.
What language shall I borrow to speak this doubleness of clinging and letting go?
Images of doubleness begin to proliferate: the "sleeping suit" that the narrator lends Leggatt fits perfectly; the narrator calls him "my double" and his own "gray ghost"; their physical similarities are pointed to: "It was, in the night, as though I had been faced by my own reflection in the depths of a somber and immense mirror," that as they spoke they would have treated an intruder to "the uncanny sight of a double captain busy talking in whispers with his other self" (14-18).
It was that doubleness I always looked for, always wanted to create" (Locus).