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 ?
Ortouste, Rheyjey Cabogoy - regu / doubles / team doubles
The American said: "Given the circumstances now surrounding doubles, it will at least open up the debate.
Boy's Doubles: Florin Merge a (Rom) & Horia Tecau (Rom)
Piper Foote was 2-for-2 with an RBI for Antioch (19-6, 11-2) in the first game, and Mollie Wagner and Megan Lawrence each had a double and an RBI.
For instance in a 10-year period with two nationals per year in 1 or 4-wall, there would have been a total of 80 open/pro singles semi-finalists (including finalists and champions) finishes and 160 doubles open/ pro semi-finalists.
Elizabeth Chialdikas led the way for Lake Zurich by going 3-for-4, with each of those hits a double. Stephanie Keefe doubled and drove in 3 runs for the Bears (10-10, 6-4).
Antioch 9, Vernon Hills 8: Piper Foote (3-for-5, 2 doubles) and Deighton Butenschoen (3-for-4, double, 3 RBI) led a 15-hit attack for the visiting Sequoits, who broke an 8-8 tie in the sixth inning of the nonconference game.
Warren 13, Zion-Benton 3: Carissa Topolinski was 4-for-5 with a homer, double and 3 RBI for the Blue Devils in their North Suburban Conference win.
In Friday's victory, winning pitcher Geneva Pollman had a 2-run home run and Julianna Battaglia 3 hits with a double, home run and 4 RBI to lead the South Elgin (6-5, 3-0) offense.
Quin Yuter, Caeli Kinsella (double), Ashley Budziak, Jess Lea and Madison Johnson all had hits for the Cougars.
Tigers first baseman Miguel Cabrera led the American League with 52 doubles in 2014.