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 ?
Meanwhile, Audrey is double-dealing in a clever build up to some seasonal showdowns.
He's also able to shapechange into an attractive human businessman running an extensive corporation complete with double-dealing employees, crooked lawyers and business practices left over from his piratical ancestor, who built the island fortress he lives in.
Susannah upset the other contenstants early on with her posh voice and double-dealing.
No chance - there will be the usual in-fighting, backstabbing and double-dealing in the scramble for survival.
Double-dealing Nick was careful not to tell fellow contestants on TV's Big Brother he had joined an upper-crust dating agency.
Lots of lust, double-dealing, insider detail plus a dollop of nostalgia for the old days of Fleet Street make this an entertaining read.
THE BILL'S fabulous four-parter following the double-dealing of slimy PC Eddie Santini was absolutely electrifying as Sergeant Rosie Fox risked her own career to prove her deadly enemy is really a bent copper.
TO cut the value of our brave armed forces' wages while showering praise on the same personnel smacks of double-dealing by David Cameron.
Despite all the plots and double-dealing among the 13 candidates Sir George is coming up on the rails.
THE double-dealing of David Cameron's Conservatives is exposed by their callous opportunism over housing.
NOT the Nicole Kidman film story, but a murder mystery about the web of financial double-dealing and sexual infidelity lurking behind the discreet charm of a London restaurant.
MANCHESTER UNITED were last night accused of "double-dealing" after they pulled the plug on a world record pounds 70million shirt sponsorship deal with betting company Mansion.