NEO

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NEO

Abbreviation for nonequity options, which are options contracts on foreign currencies, debt issues, commodities, and stock indexes.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Non-Equity Option

An option contract on anything other than stock. Common examples of NEOs include commodities, currencies, indices, bonds, and even other options.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved