Type

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Type

The classification of an option contract as either a put or a call.

Type

One of two kinds of option contract. In other words, a type is either a call or a put.
References in classic literature ?
So Law appears imperfet, and but giv'n With purpose to resign them in full time Up to a better Cov'nant, disciplin'd From shadowie Types to Truth, from Flesh to Spirit, From imposition of strict Laws, to free Acceptance of large Grace, from servil fear To filial, works of Law to works of Faith.
It was the most practical and complete switchboard of its day, and held the field against all comers until it was superseded by the modern type of board, vastly more elaborate and expensive.
The husband seemed to be a specimen of a certain type of nobleman, the fairest ornaments of the provinces of our day.
Since the objects of imitation are men in action, and these men must be either of a higher or a lower type (for moral character mainly answers to these divisions, goodness and badness being the distinguishing marks of moral differences), it follows that we must represent men either as better than in real life, or as worse, or as they are.
These two types of opposition are therefore distinct.
He knew but two types of Methodist--the ecstatic and the bilious.
And under a pretext, which did not embarrass the musketeer, who was fertile in expedients, he left the table, went downstairs, ran to the shed under which stood the poet's little cart, poked the point of his poniard into the stuff which enveloped one of the packages, which he found full of types, like those which the poet had in his pocket.
An observer with anything of an eye for national types would have had no difficulty in determining the local origin of this undeveloped connoisseur, and indeed such an observer might have felt a certain humorous relish of the almost ideal completeness with which he filled out the national mould.
This couple from the palace and the almshouse are but the types of thousands more who represent the dark tragedy of life and seldom quarrel for the upper parts.
he returned pleadingly--so conscious was he that all types in America were new.
If I had waited I might have seen it was, and then I might have been, by staying here, something nearer to one of these types who have been hammered so hard and made so keen by their conditions.
The American types here are not, I am sorry to say, so interesting as they might be, and, excepting myself; are exclusively feminine.