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combination option

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Financial Dictionary

combination option

An option composed of one or more calls and one or more puts. While the original combination is sold as a single unit, each part may be sold or exercised individually. Examples of combination options are spreads, straddles, straps, and strips.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Options
Advanced Options Trading Technology From Industry Leading optionsXpress
www.optionsXpress.com
Stop Buying Options
Start Selling Them. Liberty Trading Founded by James Cordier
OptionSellers.com
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