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A double digital option is a particular variety of option (a financial derivative). At maturity, the payoff is 1 if the spot price of the underlying asset is between two numbers, the lower and upper strikes of the option; otherwise, it is 0.
A double digital option is similar to the exotic option with a few exceptions. for instance a double digital option has two strike prices that is the expected price during the trade season. The option has two types of strikes namely the lower and the upper strikes. [1]
A double digital with lower strike K1 and upper strike K2 can be replicated by going long a digital option with strike K1 and short another digital option with strike K2.
Vitamin K is a family of structurally similar, fat-soluble vitamers found in foods and marketed as dietary supplements. The human body requires vitamin K for post-synthesis modification of certain proteins that are required for blood coagulation or for controlling binding of calcium in bones and other tissues. The complete synthesis involves final modification of these so-called "Gla proteins" by the enzyme gamma-glutamyl carboxylase that uses vitamin K as a cofactor.
In cryptography, Triple DES, officially the Triple Data Encryption Algorithm, is a symmetric-key block cipher, which applies the DES cipher algorithm three times to each data block. The Data Encryption Standard's (DES) 56-bit key is no longer considered adequate in the face of modern cryptanalytic techniques and supercomputing power. A CVE released in 2016, CVE-2016-2183 disclosed a major security vulnerability in DES and 3DES encryption algorithms. This CVE, combined with the inadequate key size of DES and 3DES, led to NIST deprecating DES and 3DES for new applications in 2017, and for all applications by the end of 2023. It has been replaced with the more secure, more robust AES.
In finance, the style or family of an option is the class into which the option falls, usually defined by the dates on which the option may be exercised. The vast majority of options are either European or American (style) options. These options—as well as others where the payoff is calculated similarly—are referred to as "vanilla options". Options where the payoff is calculated differently are categorized as "exotic options". Exotic options can pose challenging problems in valuation and hedging.
In finance, an exotic option is an option which has features making it more complex than commonly traded vanilla options. Like the more general exotic derivatives they may have several triggers relating to determination of payoff. An exotic option may also include a non-standard underlying instrument, developed for a particular client or for a particular market. Exotic options are more complex than options that trade on an exchange, and are generally traded over the counter.
The AN-52 was a French pre-strategic nuclear weapon carried by fighter bomber aircraft.
In mathematics, particularly matrix theory, a band matrix or banded matrix is a sparse matrix whose non-zero entries are confined to a diagonal band, comprising the main diagonal and zero or more diagonals on either side.
Río Negro is the main river of Patagonia in terms of the size of its drainage basin, its associated agricultural produce and population living at its shores. In eastern Patagonia it is also the largest by flow rate. The river flows through the Argentine province of Río Negro which is named after it. Its name comes from the literal translation of the Mapuche term Curu Leuvu, although the water is more green than black. Formerly, it was also known as "river of the willows" because of the big number of weeping willows that grow along the bank. It is 635 km in length.
Daewoo Precision Industries K2 assault rifle is the standard service rifle of the South Korean military. It was developed by the South Korean Agency for Defense Development and manufactured by SNT Motiv and Dasan Machineries. Shoulder-fired and gas-operated, the K2 is capable of firing both 5.56×45mm NATO and .223 Remington ammunition; however, using .223 Remington is only recommended for practicing for short distance.
In finance, a butterfly is a limited risk, non-directional options strategy that is designed to have a high probability of earning a limited profit when the future volatility of the underlying asset is expected to be lower or higher than that asset's current implied volatility.
In finance an iron butterfly, also known as the ironfly, is the name of an advanced, neutral-outlook, options trading strategy that involves buying and holding four different options at three different strike prices. It is a limited-risk, limited-profit trading strategy that is structured for a larger probability of earning smaller limited profit when the underlying stock is perceived to have a low volatility.
The backspread is the converse strategy to the ratio spread and is also known as reverse ratio spread. Using calls, a bullish strategy known as the call backspread can be constructed and with puts, a strategy known as the put backspread can be constructed.
Larcum Kendall was a British watchmaker.
In finance, a strangle is an options strategy involving the purchase or sale of two options, allowing the holder to profit based on how much the price of the underlying security moves, with a neutral exposure to the direction of price movement. A strangle consists of one call and one put with the same expiry and underlying but different strike prices. Typically the call has a higher strike price than the put. If the put has a higher strike price instead, the position is sometimes called a guts.
The Great Northern Railway Class H2 and H3 was a class of 2-6-0 steam locomotive designed for mixed-traffic work.
The Topcat is a one-design sailing catamaran boat class which is divided into several boat sizes.
GLONASS-K is the latest satellite design intended as a part of the Russian GLONASS radio-based satellite navigation system. Developed by ISS Reshetnev and first launched on 26 February 2011, it is a substantial improvement of the previous GLONASS-M second-generation satellites, having a longer lifespan and better accuracy.
Canoe marathon is a paddling sport in which athletes paddle a kayak or canoe over a long distance to the finish line. The International Canoe Federation states the standard distances are at least 10 kilometres (6.2 mi) without an upper limit, while short distance races are between 3.4 kilometres (2.1 mi), and 10 kilometres (6.2 mi). Many events are raced down sections of river, including currents or portages around obstacles. Some events attract thousands of competitors and are staged over several days.
The fundamental resolution equation is used in chromatography to help relate adjustable chromatographic parameters to resolution, and is as follows:
The IdeaPad tablets from Lenovo were a brand of consumer-oriented tablet computers designed for home use or entertainment, as opposed to the business-focused ThinkPad Tablet series. Devices sold in certain countries, such as China, India and New Zealand, were sold under the LePad brand, similar to the LePhone series of smartphones. IdeaPad-branded tablets have been produced with the Android and Windows operating systems.
In finance, a ladder, also known as a Christmas tree, is a combination of three options of the same type at three different strike prices. A long ladder is used by traders who expect low volatility, while a short ladder is used by traders who expect high volatility. Ladders are in some ways similar to strangles, vertical spreads, condors, or ratio spreads.