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 ?
The notable players in the global test strip market include Taidoc Technology Corporation, Chiltern Medicare Ltd., Henry Schein, Abbott Laboratories, Lifeassay Diagnostics (Pty), Arkray Inc., Teco Diagnostics, Roche Diagnostics, Siemens Healthcare, B.
Border strips will be pieced and cut to exact length needed.
From the red faux suede, cut one 1"x the fabric width strip for row 1, one 1 1/2"x the fabric width strip for row 3 and one 2"x the fabric width strip for row 5.
When a pattern calls loi trimming rotary-cut strips even with patches, use these steps for consistent, accurate results.
Sew a blue 1 3/4" strip, a light orange 1" strip and a blue 2 1/4" strip together to make a band E.
Cutting guide FOR this throw, the 12 strips of varying depths were cut from fabric 122cm (48in) wide, which makes up the finished width.
Siemens' CLINITEK Status+ Analyzer was able to detect MULTISTIX 10 SG strips that had been compromised by humidity and prevent potential erroneous results from being reported.
"We have seen a number of exchange buyers trade non-conventional product, instead of once-common apartment complexes, for strip centers because of their stabilized and ease of management," Mansour added.
* On the flats: Too many of us strip too much and too fast for bonefish, redfish and permit.
The sealing process can be adjusted according to the requirements of each product to provide a secure attachment and ensure that packs cannot accidentally drop off the strip during packing or handling.
Notebook: Half-hours sold as a one-hour strip, cash plus barter (cable run on Entertainment Studios' FiOS-distributed HD cable network).
We first present test results of Almen strip, two-step tempered Almen strip and as-cast maraging steel strip in aggressive solution.