A derivative on an index product that gives the holder the right, but not the obligation, to buy or sell a basket of stocks depending on if the investor is holding call or put respectively. Index options are typically settled in cash basis only.
Same Terms Found in OptionAutomator’s Content:
A derivative on an index product that gives the holder the right, but not the obligation, to buy or sell a basket of stocks depending on if the investor is holding call or put respectively. Index options are typically settled in cash basis only.
Same Terms Found in OptionAutomator’s Content: