Glossary
β
An option that can be exercised any time up to and including the expiration date.
β
Price at which an option or stock is offered for sale
β
Option's strike price equal to the underlying asset's market price.
β
Price at which an option or stock is available for purchase
β
Model used to calculate European-style options prices
β
Price at which an option position neither gains nor loses value
β
Options strategy with limited risk and profit potential
β
Options strategy involving options with same strike price but different expiration dates
β
Contract giving the right to buy an asset at a specified price
β
Options strategy to limit risk and potential profit
β
Options strategy involving a long position and selling a call option
β
Measure of an option's price sensitivity to the underlying asset's price
β
Option that can only be exercised on its expiration date
β
Portion of option's price attributed to factors other than intrinsic value
β
Measure of the rate of change of an option's delta
β
Measures of risk in options pricing
β
Measure of expected volatility of the underlying asset
β
When the underlying asset's market price is between the Panoption's lower and upper price range
β
Option with strike price favorable relative to the underlying asset's market price
β
Value of an option if exercised immediately
β
Options strategy involving selling out-of-the-money calls and puts
β
a long position in a financial instrument means the holder of the position owns a positive amount of the instrument.
β
The amount of money or collateral that an investor must deposit with a broker to cover potential losses on an options position.
β
Selling option without owning the underlying
β
Theoretical value of the underlying asset represented by an option
β
A list of options available for a specific underlying asset
β
When the underlying asset's market price is above tjhe Panoption's upper price range or below the Panoption's lower price range
β
An option with no intrinsic value
β
A perpetual, oracle-less, decentralized, option with fixed gamma between two prices, operating on a streaming premium model.
β
Options with no expiration date
β
The price paid by the buyer of an option to the seller.
β
External data providers for blockchain-based smart contracts
β
A contract that gives the holder the right, but not the obligation, to sell an underlying asset at a specified price (strike price)
β
The range where users provide liquidity
β
Strategy betting on a decline in an asset's price
β
The way Panption sellers collect fees
β
Measure of an option's price sensitivity to time decay
β
Implied volatility pattern across options with different strike prices