Strip

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Strip

Variant of a straddle. A strip is two puts and one call on a stock. A strap is two calls and one put on a stock. The puts and calls have the same strike price and expiration date. See: Strap.

Strip

A bearish investment strategy in which an investor holds two puts and one call on the same underlying asset with the same expiration date and strike price. An investor uses a strip when he/she believes that the price of the underlying will decrease substantially. If it does, the investor stands to make a substantial profit by exercising the puts. On the other hand, if the underlying increases in price, the investor will not suffer a substantial loss because the strike price of the call protects him/her. See also: Call backspread ratio, Strap.

strip

A combination of two put options and a call option. The buyer of a strip profits from large variations in the price of the underlying asset, especially if it is moving downward.
References in periodicals archive ?
All methods employing paper reagent strips are subject to an intrinsic haematocrit bias; the higher the haematocrit value, the lower the result.
(%) Blood glucose, n = 105 14 916 105 948 300 000 institutions (99.1%) Urine reagent strip, n = 76 1055 9113 62 000 institutions (71.7%) Certified operators for POC testing, No.
Nurses reported trouble distinguishing between two adjacent colors on the reagent strip for three samples.
Since the presence of any eosinophils in the urine is an abnormal finding, it is theoretically possible to have a negative leukocyte esterase reaction by reagent strip with clinically significant numbers of eosinophils present.
In regard to specific gravity, reagent strips actually measure ionic concentration, which is then related to specific gravity and reported as such.
(5) The currently used reagent strips (see Table 1) measure several common urinary proteins, although they are most sensitive to albumin.
Using reagent strips for rapid diagnosis of peritonitis in peritoneal dialysis patients.
The reagent strips included in the BD MAX ExK DNA-1, ExK DNA-2 and ExK DNA-3 kits are designed to extract DNA from serum/plasma, cerebrospinal fluid/dry swabs and swabs in universal transport medium/urine, respectively.
In contrast, reagent strips measure ionic strength and are not affected by protein, glucose, or contrast agents.
has made inroads into wide range of industries such as pressure sensitive labels, reagent strips for medical applications, optic quality films, adhesive tapes and foils, reverse osmosis filtration media, and many others.
Case 1: Are the residual peroxide reagent strips and water reagent strips used to ensure that residual disinfection agents and water hardness, respectively, are at sufficiently low levels when testing hemodialysis machines considered accessories to the hemodialysis machine and, therefore, medical devices?
INDEX TERMS: Clarity; kappa; Multistix; urine reagent strips.