alligator

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Alligator

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."

alligator

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 ?
The American alligator (Alligator mississippiensis) is an abundant, large-bodied predator found throughout the southeastern United States (McAllister and Upton, 1990; Elsey and Woodward, 2010).
intravenous administration in the American alligator (Alligator mississippiensis).
Joanen T, McNease L, Ferguson MWJ (1987) The effects of egg incubation temperature on post-hatching growth of American alligator. In Webb G, Manolis SC, Whitehead PJ (Eds.) Wildlife Management: Crocodiles and Alligators.
As illustrated by Table 2, the real value of an Everglades mink in this situation is less than $20 and the real value of an American alligator is less than $25, given their uncommon characteristics or susceptibility relative to other listed prey items.
In the late 1860s, the leather industry's demand for exotic hides led to widespread commercial hunting of the American alligator (Alligator mississippiensis).
The American alligator was classified as a threatened species as recently as 1967.
alligator farms reported substantial economic losses and at least one human case of fever due to WNV outbreaks in juvenile American alligators (Alligator mississippiensis) (19, 20: L.
In total, 16 juvenile female American alligators (Alligator mississippiensis) were collected at night by hand from two lakes in central Florida approximately 65 km apart: Lake Apopka (pesticide-polluted lake) and Lake Woodruff (reference lake; for further descriptions of these lakes and the organochlorine pollutants identified to date, see Guillette et al.
-- Seventy-five American alligators (Alligator mississippiensis) were obtained from southeast Texas and southwest Louisiana.
Two species of alligators exist: the Chinese alligator and the American alligator. American alligators live in swamps, ponds, and streams of southeastern states such as Florida and Louisiana.
American alligators slither and snap in swamps and marshes from North Carolina to Texas.

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