Double

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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 ?
Neal, who is originally from London, said: "There are a few basic designs for double basses that I can copy or I work with the musician and design the instrument to fit their needs and what they're looking for.
Besides Bourque, and Zoe and Alexis Dumais, the rest of the current line-up is Luzio Altobelli (accordion, drum, double bass), Dany Nicolas (guitar, banjo, double bass) and Marton Maderspach (drum, double bass).
Operating in a two-car garage turned work studio, Hachez is surrounded by four rectangular tables bearing numerous tools and instrument parts, illustrations of the double bass' structure pinned to the walls and the two springer spaniels, Rex and Twinkle, that can always be found stretched out, side by side, on the cement floor.
Comprising the titular Ahmadie on the oud, as well as Chapman on flute and alto saxophone and Miles Jay on the double bass, this fine trio played a clichE[umlaut]-defying set at the crypt of St Joseph's Church in Monnot on Friday night.
26-year-old Fora Baltacigil competed with 35 other double bass players and deserved to become a member of the Berlin Philharmonic Orchestra.
In this case and this context the most successful piece is the Quintet in G major with double bass. Laurene Durantel plays with great refinement and intimacy--he fits absolutely perfectly with the Skampians and the passages where the double bass has the chance to go further than accompaniment are particularly delightful!
THESE GUYS would totally make the Rickter Scale of Doom of Doom if they used Flying-V guitars, five-stringed basses, and double bass pedals.
Famous Madonna-snogger Christina Aguilera, 25, wrapped her curves around this double bass in a photoshoot for gay mag Attitude, which is out today.
A helpful addendum to this publication is a lengthy list of published pieces for double bass and piano, string bass solo, string bass and other instruments and multiple string basses.
But when his voice toughens up alongside the guitar, double bass and Petra Haden's violin, the band achieve gorgeous moments - The Bagman's Gambit being a good example.
He plays an electric double bass and sings with three others in a local band to tourists every Thursday night in a pub hidden away in scenic Glenda-lough, Co Wicklow.