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 ?
The inset shows the linear double reciprocal plot (r = 0.
The inset shows the linear double reciprocal plot indicating 1:1 complexation Wagner et al.
max] values for rat and human liver microsomal arylamidase toward CDEPA was calculated using a Lineweaver-Burke double reciprocal plot.