References in periodicals archive ?
The buyer of a call swaption earns a profit when the interest rate rises relative to the strike on the swaption.
Credit spread options appear to have given way to swaptions on CDS, which give the buyer the right but not the obligation to buy (put swaption) or sell (call swaption) CDS protection.
IFCo has entered into natural gas call swaptions for the first seven years of the project to moderate the risk of a reversal in gas pricing trends.