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 ?
The Yarm bream have put in a welcome appearance, and match anglers hope that double figure weights will continue until the end of the season.
Nick Corpening led four Riverhawks in double figures with 21 points and nine rebounds.
He said today: "I'm looking to get into double figures this season in the Premier League and I'm confident I can do that if I keep on working hard like I have been doing.
Liam Blakeman is now into double figures after scoring the team's 100th goal in midweek.
3 pc)also have vacancy rates in double figures,according to the statistics.
In his letter he referred to me: ``As having an abundant supply of crystal balls to predict double figure council tax rises before they have happened.
Another refugee from the Premier League, Dick Campbell has tiny Brechin in a dominant position in Division Three, having established a double figure lead.
After 60 minutes all bar one forwards were in double figures.
He competes for everything and will still get his double figures of goals this season - I'd put money on it.
MEDFORD - Elora Grant scored 13 points to lead four Panthers players in double figures.
SIR Alex Ferguson has predicted Paul Scholes will end the season in double figures after finally breaking a 20 game goal drought at Old Trafford.
His all carp bag was made up of 34 fish and 10 of these were in double figures.