Double

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Related to double agent: Triple agent

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 ?
However, he remains regarded as one of the KGB's most influential and daring double agents. And he is among a list of around half a dozen defectors currently known to be hiding out in Britain.
Juan Pujol Garcia is one of five British double agents profiled in Ben Macintyre's Double Cross: The True Story of the D-Day Spies.
The Los Angeles Times reported that the double agent was "an informant" overseen by Saudi Arabia s intelligence service, which devotes great efforts to monitoring Al-Qaeda s branch in Yemen.
Written with the author's usual intensity, the novel takes a deep look at the past and the present, depicting the craft of spying, looking at the subterfuges of the CIA, GRU and other government agencies, asking who is a double agent and how each side tried to steal from the other to achieve superiority during the Cold War (and beyond?).
Just like that, she became Canada's first double agent. And instead of poison, she fed false information to the British Army!
The murky world of secret operations, assassinations and allegations of treachery brought to light by Litvinenko's poisoning seem like a throwback to the Cold War era when Mr Gordievsky himself was active as a double agent.
Meanwhile, the clever peddler and former double agent Kavi works with a desert tribe to forge swords that can match those of the Hrum.
Fans of Harriet the Spy will relish Maya Gold's contemporary take Harriet The Spy, Double Agent (0385327870, $15.95).
Positioning himself (and by extension, the viewer) as a sort of mole or double agent, Harahan is an intimate observer but an outsider nonetheless, identifying with his subjects without purporting to explain them.
The double agent known as Kevin Fulton joined relatives of some of the 29 victims for the harrowing dramatisation.
SECRET papers revealing the vital work of a wartime double agent have been revealed for the first time today with the opening of an exhibition to mark the 60th anniversary of D-Day later this year.