Alligator spread(redirected from Alligator Spreads)
The term used to describe a spread in the options market that generates such a large commission that the client is unlikely to make a profit even if the markets move as the investor anticipated.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Informal; a series of positions on different option contracts that is not and cannot be profitable, regardless of the direction of market movements.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved