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 ?
it's not that you sitting on Mark The spectacled caiman is mostly found living in low wetland areas in Central or South America.
The two species look similar, but an alligator's snout is more rounded and only its upper teeth can be seen when its mouth is closed, whereas a caiman's upper and lower teeth can be seen, said Andrew Biddle, the head of reptiles at Wild Florida Airboats & Gator Park in Kenansville, Florida.
A dwarf caiman is a dwarf crocodile which is found in the wild in South America and can grow up to 150cm and weigh a maximum of seven kilos.
It added: "The celebrities were trained in the humane capture and dispatch of live animals as part of their survival training and the adult caiman was killed humanely."
Consumer interest in the Pantanal caiman has typically been related to the exploitation of leather, but more recently, caiman meat is being sold in specialty restaurants and supermarkets (TABOGA et al., 2003).
Debido a la importancia de los caimanes y a la falta de informacion biologica y biomedica, el objetivo del estudio fue determinar los valores hematologicos y de bioquimica serica del caiman blanco (Caiman crocodilus).
En este sentido, Islas Caiman es calificado como el quinto centro financiero mas importante del mundo, pero que a diferencia de otros, no exige los estandares minimos para corroborar el origen y destino de las finanzas que ingresan en sus bancos.
And lurking beneath the waters of domestic enclosures are 10 alligators, nine crocodiles and 17 caimans - a smaller member of the crocodile family.
Like all crocodilians, the caiman has hard bony scales that serve as body armor.
In desperation, the women muster the energy to make one last push to look for food, while Simon leads a hunt into the jungle for the most dangerous predator on the island - the caiman crocodile.
In 2010, the state vet services put to death 20 caiman crocodiles, which a pet shop owner tried to import on the island from the European Union.