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 ?
Cu, Kevin oliver - singles / doubles / trios / team five / masters / mixed doubles
Our doubles teams were on fire,'' Valencia coach Annie Kellogg said.
The most flamboyant gesture of support has come from McEnroe, who will return to the main tour at the age of 47 when he partners current doubles star Jonas Bjorkman, of Sweden, in an ATP event in San Jose on February 13 to highlight the problems.
DVD+R Double Layer technology represents a major breakthrough in recordable DVD, and we are proud to be playing a key role in its introduction, giving our consumer and professional customers the most reliable and technically advanced solution for supporting additional video and data capacity.
They're so deep in doubles, they can do whatever they want (with the pairings) and they'll still be successful,'' said Chaminade coach Marlon Reveche, who received a 7-6 (3) doubles victory from Chelsea Bronson and Shanelle Sherlin.
The Heart of America Region of the American Red Cross today announced that many blood donors can now double their life-saving gift of blood by donating on automated technology that allows them to give two transfusable units of red blood cells in one donation.
French, who placed third in the league doubles tournament with Blair Brzeski during her freshman year at Agoura, defeated Calabasas' Eileen Chang in the semifinals before atoning for a regular-season loss to Harper in the final.
Ralphs had them on sale for $1, and they double, plus I had a coupon.
Navratilova, who rejoined the tour as a doubles specialist in 2000, is playing in her last Wimbledon ever and loses both her mixed doubles and women's doubles quarterfinal matches on the same day.
For all of the team titles and doubles honors Harvard-Westlake has accumulated over the years, the area's most dominant boys' tennis program has never had a singles player boast a resume like the one put together this year by Thacher.
SEAL BEACH - Three of the four Harvard-Westlake of North Hollywood team members who played in the Southern Section doubles tournament primarily play singles, but decided to forgo solo competition to have a better chance at adding to the Wolverines' 2002 and 2004 Div.