Skip to Content
Key Financial Market Concepts, 2nd Edition
book

Key Financial Market Concepts, 2nd Edition

by Bob Steiner
September 2012
Beginner
328 pages
7h 42m
English
FT Publishing International
Content preview from Key Financial Market Concepts, 2nd Edition

Option Trading Strategies: Straddle, Strangle, Spread, Butterfly, Condor, Ratio Spread and Risk Reversal

Definition

A straddle is the purchase of a call combined with the purchase of a put at the same strike (generally purchased with both at-the-money).

A strangle is the purchase of a call combined with the purchase of a put at a lower strike (generally purchased with both out-of-the-money).

A spread is the purchase of one call (or put) and the sale of another at a worse strike to the buyer (generally out-of-the-money).

A butterfly spread is the purchase of a call (or put) (generally out-of-the-money) combined with the purchase of another call (or put) at a different strike (generally in-the-money) and the sale of two calls (or puts) at a mid-way ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Handbook of Finance: Financial Markets and Instruments

Handbook of Finance: Financial Markets and Instruments

Frank J. Fabozzi

Publisher Resources

ISBN: 9780273750123