Crazy Names for Complex Options

Discussion in 'Options' started by qazmax, Aug 22, 2002.

  1. qazmax

    qazmax

    I was trying to put together a list of complex options and the risks and margin for a trading club. But it seems that there is a never ending list of names people have for these positions.

    So if any one has a crazy name... e.g. Butterfly etc... lets hear it with the requirements to be considered this name.

    Here is what I have so far...

    Buy/Write
    Covered Put
    Vertical Spread
    Time Spread
    Straddle
    Strangle
    Butterfly
    Condor
    BOX
    Jelly Roll
    Reversal/Conversion

    :)
     
  2. chisel

    chisel

    Ratio spread
    Back spread
     
  3. qazmax

    qazmax

    ratio spreads are good ones... "1 by 2's" and "1 by 3 's"
    good to mention...

    back spread = too generic... has to be something they might announce in the trading pit.

    :)
     
  4. Beer Man

    Beer Man

    is another ,,,,plus a "stupid" is another
     
  5. Beer Man

    Beer Man

    is another
     
  6. qazmax

    qazmax

    What is a "diagonal"??

    I forgot the combo... +c -p or -c +p thanks....

    Aslo.. I just remembered the risk reversal... long stock, short out-$ call, long out-of-$ put.

    Anyone know what the hell a "winged butterfly is" or a "Christmas tree"??

    :)
     
  7. qazmax

    qazmax

    I do not think it was ever announced in a pit... but I heard someone hear say it once.

    :)
     
  8. qazmax

    qazmax

    What is a "STUPID"?? I am afraid to ask...
    :)
     
  9. Iron Butterfly
    Gut Iron Butterfly
    Pregnant Butterfly
    Albatross
    Christmas Tree
    SemiStock
     
  10. qazmax

    qazmax

    What are the componets though??

    :)
     
    #10     Aug 22, 2002