double option

(redirected from Double Options)

Double Option

A call and a put rolled into a single option contract. A double option gives the holder the right (but not the obligation) either to buy or to sell the underlying asset at the strike price. That is, there are three choices for a double option: buy, sell, or do nothing and allow the option to expire. Double options are traded in Europe.

double option

A commodity option traded in Europe that gives its owner the right either to call (buy) or to put (sell) the underlying asset but not both. When one side of the option is exercised, the opposite side is automatically terminated.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Mentioned in ?

References in periodicals archive ?

And students will now be able to take single and double options in a range of vocational subjects like sport and travel and tourism.

Best results in history of school

Three of my four frontrun- ners crossed the finishing line first, although I did hedge my bets slightly and offer double options.

perspective- May the best work and the best teams win

Another wrinkle for McGuire emerged in an October 15, 2006, report from the law firm of Wilmer-Hale concerning double options. In 1999, the options offered in the prior five years were "under water," meaning the exercise price greatly exceeded the fair market value, rendering the options worthless.

The truth behind the backdating brouhaha: the risks are many--but then so are your options. Here's how to size up the issue

Like most double options, the drop option focuses on defeating the outside pursuit and enveloping the perimeter as quickly as possible.