short leg

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Short Leg

In an option spread, any option contract on which one has a short position. For example, if one has bought a call and sold a put as part of one's option strategy, the put is said to be the short leg of the spread.

short leg

The side of an option spread that has been sold short. With a spread made up of owning a September 30 call and being short a December 30 call, the December 30 call is the short leg. Compare long leg.
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He extracted sharp bounce to take the bat handle, Gary Ballance taking a the catch at short leg.
On the penultimate stage Gemma Floyd consolidated Morpeth's third place as Sophie Burnett, with the fifth joint fastest short leg time of the day, moved Birtley up into fourth.
But the 27-year-old has had to put up with some ribbing after McKinnon claimed Stewart's injury problems could be down to him having a short leg.
But it was Taylor who again showed his brilliance at short leg, with the only wicket to fall before tea when he somehow caught Dean Elgar between his thighs off Moeen Ali.
Barker clipped Mullaney firmly off his pads but was unable to get it past Riki Wessels at short leg, who pulled off an astounding reflex catch.
25pm he inside-edged Steve Smith's infrequently-used legspin to short leg.
Julie Emmerson (20-21) pulled them up to 24th and that was improved to 21st when Frances Briscoe logged the team's fastest short leg of the day, 19-16.
Standing at short leg to the quickest bowler in the world at the moment, Mitchell Johnson, Doolan is closer than any Australian to some of the most destructive spells ever delivered.
After downloading a schematic for the pistol, which was none too clear except for part numbers, the trigger spring (#22) has a long and a short leg extending from its coils.
Llanishen High School student Mike Ward followed his Great Britain debut at the World Cross Country Championships three weeks ago by running Cardiff's quickest short leg.
Huw Waters took two wickets with his first two balls, having Greg Smith caught at short leg by Gareth Rees and then pinning Jacques du Toit lbw.
Stand-in captain Misbah-ul-Haq failed to keep a ball down and was caught by Hashim Amla at short leg.

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