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 classic literature ?
So you did; and perhaps you fooled yourself," retorted the alligator.
He passed the scarlet alligator and came here of his own free will and accord.
The owl-man led him back down the mountain path and ordered the scarlet alligator to crawl away and allow the Nome to cross the bridge in safety.
13, 2015 /PRNewswire/ -- After a near 70-year hiatus, the Bianca Mosca fashion brand, known for meticulously handmade alligator skin bags, wallets and accessories is to be revived by London based fashion entrepreneurs Timothy de Rosen and Leslie Kent.
While myth has it that if you look into the eyes of an albino alligator it will bring good luck, the newcomers are now available at the aquarium for public display after they completed their quarantine period.
The albino alligator is a rare type of alligator which would not survive in the wild and is often exploited for its valued skin.
ORANGE, Texas, Ramadan 21, 1436, July 08, 2015, SPA -- An 11-foot alligator that killed a Texas man just before the Fourth of July weekend was found to have been illegally shot to death, officials said on Tuesday, according to UPI.
Dozi the Alligator Finds a New Home" is a delightful young readers' story written in lulling verse about an adventurous young swamp alligator who smuggles himself aboard a young family's vehicle after a night of fun and fireworks at the carnival.
How Alligator Got His Smile Back" is an excellent storytelling resource for teaching grades K-3 the scientific observation of the development of two different, related species, frogs and alligators.
A gigantic alligator caught by a family in Alabama earlier this month has set a Safari Club International world record.
There was even an alligator pond at the back of the house but it's been concreted over now.
The brand's familiar alligator has made his television comeback wearing shades as a nod to the brand's new Lubriderm Advanced Therapy Moisturizing Lotion with SPF 30.