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 ?
Earlier this month, a Florida man was in complete shock to find a 8-foot-long alligator in his pool.
Then, as the entire family watched from the safety of the back porch, he walked up to the alligator and tried to lasso it.
These licenses can also be purchased for $52, regardless of residency, and the license allows a hunter to participate in the hunt with someone who does possess the proper alligator trapping license and permit.
Restrictions on alligator hunting during the early part of the century were almost nonexistent and the regulations that followed were much looser than they are today with essentially no hunting permits, tags, or quotas.
WATCH: Outsized alligator spotted lumbering at US golf club
Kadie Whalen, of Wynnewood, Pennsylvania, said her three young children and niece were playing on a Disney resort beach four years ago when a seven-foot alligator appeared a few feet away.
Since 1948, 383 people in Florida have suffered alligator bites but only 23 attacks were fatal.
Two albino alligators have taken up residence in the Lost Chambers Aquarium at Atlantis, The Palm, currently home to more than 65,000 marine animals.
com reports a pair of master measurers from Safari Club International examined the 1,000-pound alligator on Friday, determining a total length of 15 feet, 9 inches.
While not everyone finds alligators on the golf course a laughing matter, the series is tied to the larger For Those Who Truly Love brand platform, the idea being that those who truly love golf won t let an alligator on the course stand in their way.
Summary: Mississippi: Mississippi hunters smashed back-to-back records on the opening weekend of the state's 10-day alligator .
Summary: An alligator, known as Mr Stubbs, has been fitted with a prosthetic tail.