leg lifting


Also found in: Wikipedia.

Leg Lifting

The act or practice of selling one option contract in a combination option while maintaining one or more different ones. This will likely destroy the option strategy of the combination option. Therefore, one only does it when the premium makes the entire combination profitable. See also: Cliquet, Straddle, Strangle.

leg lifting

The selling of one part of a combination option while retaining possession of the remaining part. For example, an owner of a straddle may sell one part (either the put or the call) when the premium is sufficient to make the entire investment profitable. Also called lifting a leg, taking off a leg.
References in periodicals archive ?
Leg lifting, particularly single leglifting, is an unnecessary style of tackling and for Ben it's a pretty poor outcome.
The control computer activates motors based on information obtained from hip angle sensors while walking, to improve the symmetry of the timing of each leg lifting from the ground and extending forward and promoting a longer stride for an easier walk.
LEG LIFTING Lie on a yoga mat with your hands behind your head or crossed on your chest.
With moves essentially unchanged from the time of the Marx Brothers, there's hat swapping, leg lifting and a brilliant police chase with ludicrous sound effects.