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 ?
Scorers: Tries - G Morgan, L Doubler, R Singleton, W Palmer (2), D Jenkins, P Gooding, M Cannon, P Moore; goals - R Singleton (6), B Kerr, L Doubler.
Open Fours: Gareth Jones, Ian Henderson, Marc Wyatt & Martin Selway (Caerphilly) v Damian Doubler, Mike Hart, David Teague & Peter Greenwood (Penylan).
The DOUBLER has been designed to accommodate the standard 72 Pin SIMM or
To book send cheques made payable to 'Real Madrid Reunion 2006' to Paul Doubler PO Box PO Box 101CardiffCF14 3XH and for further information contact 07808 096074.
NASDAQ: AALR) today announced the ALR POWERPRO 486DX2/50, with Intel Corp's new clock doubler chip, the 486DX2/50.
To be sure of your tickets send cheques only made payable to 'Real Madrid Reunion 2006' to Paul Doubler, PO Box PO Box 101, Cardiff CF14 3XH.
Victim Nourrendine Kessour, a 40-year-old Algerian, had been drinking in the Splottlands pub in Adamsdown, Cardiff, before he was pursued by Lee Doubler.
The U5 series offers support for the latest video standards including 480p, 576p 780p and 1080i High Definition imaging and also features a built-in line doubler.
Paul Doubler, Coors Brewers sponsorship and communications manager, said: ``It is wonderful to be able to honour so many excellent people in South Wales.
DAMIAN Doubler, Cardiff Bowling Club's 13-year-old sensation, trounced Gwent's young bowlers at the weekend to collect the Pontymister junior title - his second major win of the season after beating under16s across Wales in the Cardiff Junior tournament.
The games are Dashing Through The Dough, Stocking Stuffer DOUBLER, Holiday Bucks, Holiday Countdown and SECRET SANTA.