Double


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Double

The purchase of a call and a put on the same underlying asset with the same strike price and the same expiration date. A double enables one to profit from whatever price movement the underlying takes. That is, if the price goes up, the holder exercises the call, and if it goes down, he/she exercises the put. If one of the options is in the money, the other must be out of the money.
References in periodicals archive ?
The court has earlier rejected three bail petitions of Double Shah and his two accomplices involved in the fraud are still at large, he added.
Antioch 11, Loyola 3: Megan Lawrence was 3-for-5 with a double and an RBI, and Jeri Bonaguidi pitched 6?
Double Dragon Tower and Ascott make up the third and final phase of the eight-tower Double Dragon Plaza at DD-Meridian Park, a 4.75-hectare mixed-use development at the Bay Area in Pasay City.
Row 6: K2, [k1, p1] in double yo, p5, [p1, k1] in double yo, k2.
Sonesta Pharo (5 Star), LE 1,140 per person for 4 days in a double room on Soft All Inclusive basis.
The Double is the simplest, most elegant way to be somewhere else in the world without traveling there.
Double A had more than 250 visitors to their stand.
While double rifles are known as an English phenomenon, there was a small interest in double rifles in the 'States as Samuel Colt's son made a few presentation double rifles on the
To date, I have updated the Double Star Section Webpage, updated and enhanced the ASSA Introduction to Double Stars manual and written a couple of double-star articles for MNASSA which included photos of Double Stars taken by myself.
Award: up to triple miles Expires: 12/15/2008 Restrictions: Stay at Comfort Inn, Comfort Suites, Quality, Sleep Inn, Clarion, Cambria Suites, MainStay Suites, Suburban Extended Stay, Econo Lodge and Rodeway Inn hotels in Canada, the U.S., Mexico and the Caribbean and earn double miles for your first stay.
The seasoned pro from hit double 16 to send the match into the final leg, and his initial four missed doubles for the win looked as though they could prove costly.
My cousin's wife only baked with double yolked eggs, and a couple months ago a person wrote a letter mentioning double yolked eggs.