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An option spread with unusually large commissions for the involved broker(s). In an alligator, the commissions are so large that the potential profit from the spread is not worth the expense. In such a situation, the investor holding the spread is said to be "eaten alive."


An option spread in which the commissions are so large a part of any potential profit that the investor gets eaten alive. Obviously, alligator spreads are of greater benefit to the broker than to the investor.
References in periodicals archive ?
Gastric nematode diversity between estuarine and inland freshwater populations of the American alligator (Alligator mississippiensis, Daudin 1802), and the prediction of intermediate hosts.
In 1975, the American alligator was listed in Appendix I, which allows no commercial trade.
West Nile virus infection in fanned American alligators (Alligator mississippiensis) in Florida.
Altered histology of the thymus and spleen in contaminant-exposed juvenile American alligators.
Acanthostome digeneans from the American alligator in the southeastern United States.
American alligators (Alligator mississippiensis Daudin; Crocodylia: Alligatoridae) have been raised commercially in the south for many years.
the states require that CITES tags with a unique non-reusable number be attached to each legally harvested American alligator skin prior to export.
According to the National Park Service's official lore on American alligators (if that's what Reggie turns out to be) they are meat-eaters whose typical diet includes fish, frogs, snakes, otters, deer and, on occasion, other alligators.
Alterations in sexually dimorphic biotransformation of testosterone in juvenile American alligators (Alligator mississippiensis) from contaminated lakes.
No North American alligator had ever been diagnosed with the infection, but then again North American alligators hadn't had much of a chance to catch it.
The number, density and distribution of juvenile and adult American alligators (Alligator mississippiensis) were determined from 3 April to 27 May 1998 at the Welder Wildlife Refuge in San Patricio County, Texas.

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