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Fence |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
Fence A position in which an investor is long (or short) on an out-of-the-money put, long (or short) on an opposite out-of-the-money call in addition to being long (or short) on the underlying asset. Both options have the same expiration date. A fence position sets a floor and ceiling for the underlying asset and limits potential losses for the investor. It is often used by traders in farm commodities. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The city is spending about $20,000 to fence off the area and to install water fountains for both canines and people. Given the limited potential of the new workforce training fund, the Office of Management and Budget should take the next step by requiring agencies to fence off more funding to train acquisition professionals. The second motion, which Perry's office expects to file by January, would allow the city to fence off, board up and padlock businesses refusing to cease operations. |
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