Double

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Related to double figures: double digits

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 ?
Only Callum Reid (13) and Elliott Condren (12) reached double figures as Craig Williams (2-4 in three overs) led a spirited attack.
Graham Ellison of Thronaby topped double figures with three chub for 10lb 2oz, to finish third from peg 85.
He's now landed 35 barbel from the Warwickshire Avon this season, with seven of them in double figures.
Five of the Bower batsmen got into double figures, but Denys Hobson's 20 was the highest, as Matt Steers claimed two for seven and Jamie Summerscales two for one in their two-over allocation, which kept the visitors to 90 all out.
I'd love to get to double figures for the first time
You don't want still to be looking for double figures this late in the season, you want them before Christmas.
Six players reached double figures, including the impressive Chogugudza, to go with his six steals and four assists.
Dale Baker and Daemund McCants also scored in double figures for the Titans, netting 10 and 11 respectively.
Andrew Simpson helped himself to four goals and Scott Simpson a hat-trick as Pelton Crown struck double figures against Consett Freemasons.
BRISTOL ROVERS 7 BURTON ALBION 1 LEAGUE TWO HAT-TRICK hero Eliot Richards paid tribute to his team-mates as he took his goal tally into double figures.
The Trojans' Jamie Hagiya tied a career-high with 16 points, scoring in double figures for the seventh straight game.
By the end of the season we are likely to have at least five players in double figures, '' said Goulding.