Strip Strap

Strip Strap
Two straddle variants. On a stock, a strip is one call and two puts while a strap is one out and two calls. The expiration date and strike price on the puts and calls is the same in both cases.

Random Finance Terms for the Letter S

  • Street Name
  • Strike Index
  • Strike Price
  • Strip Mortgage Participation Certificate (Strip PC)
  • Stripped Bond
  • Stripped Mortgage-Backed Securities (SMBSs)
  • Strip Strap
  • Strong-Form Efficiency
  • Structured Arbitrage Transaction
  • Structured Debt