TERMIUM Plus^®

Record 1,  Textual support,  English

Record number: 1, Textual support number: 1 OBS

zero strike price option : term extracted from the “Glossaire de l'économie” and reproduced with permission of the Organisation for Economic Co-operation and Development.  3, record 1, English, - zero%20exercise%20price%20option

Record 1,  Textual support,  French

Record number: 1, Textual support number: 1 DEF

Forme extrême de l'option à bas prix d'exercice, ce prix étant fixé à zéro.  3, record 1, French, - option%20%C3%A0%20prix%20d%27exercice%20z%C3%A9ro

Record number: 1, Textual support number: 1 OBS

option à prix d'exercice nul : terme extrait du «Glossaire de l’économie» et reproduit avec l’autorisation de l’Organisation de coopération et de développement économiques.  4, record 1, French, - option%20%C3%A0%20prix%20d%27exercice%20z%C3%A9ro

Record 1,  Textual support,  Spanish

Record 2,  Textual support,  English

Record number: 2, Textual support number: 1 OBS

no-cost option; premium free option; premium neutral option; zero premium option : terms extracted from the “Glossaire de l'économie” and reproduced with permission of the Organisation for Economic Co-operation and Development.  2, record 2, English, - no%2Dcost%20option

Record 2,  Textual support,  French

Record number: 2, Textual support number: 1 OBS

option sans prime : terme extrait du «Glossaire de l’économie» et reproduit avec l’autorisation de l’Organisation de coopération et de développement économiques.  2, record 2, French, - option%20sans%20prime

Record 2,  Textual support,  Spanish

Record 3,  Textual support,  English

Record number: 3, Textual support number: 1 CONT

A low exercise price option(LEPO) is a call option with an exercise price set deep in-the-money. The limiting case, a zero exercise price option, is when the strike price is zero. It is virtually certain to be exercised and the value and performance of its intrinsic value is effectively identical to that of the underlying equity. These features are designed to allow participation in the performance of an equity price where there are legal or financial obstacles to purchasing the underlying [equity] directly.  2, record 3, English, - low%20exercise%20price%20option

Record 3,  Textual support,  French

Record number: 3, Textual support number: 1 DEF

Option d'achat dont le prix d'exercice a été établi à un niveau relativement bas, profondément dans le cours, de sorte qu'il est pratiquement certain qu'elle sera exercée et que sa valeur intrinsèque correspond effectivement à celle du sous-jacent.  2, record 3, French, - option%20%C3%A0%20bas%20prix%20d%27exercice

Record number: 3, Textual support number: 1 OBS

Ce type d'option est utilisé lorsqu'il y a des obstacles financiers ou juridiques empêchant l'acquisition du sous-jacent lui-même.  2, record 3, French, - option%20%C3%A0%20bas%20prix%20d%27exercice

Record 3,  Textual support,  Spanish

Record 4,  Textual support,  English

Record number: 4, Textual support number: 1 DEF

Option with a zero intrinsic value, given that it is not worth exercising. For example, a call option in which the price of the underlying asset is lower than the exercising price.  1, record 4, English, - out%20of%20the%20money%20option

Record number: 4, Textual support number: 1 OBS

out of the money option: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.  2, record 4, English, - out%20of%20the%20money%20option

Record number: 4, Textual support number: 2 OBS

out of the money option: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.  2, record 4, English, - out%20of%20the%20money%20option

Record 4,  Textual support,  French

Record number: 4, Textual support number: 1 DEF

Option avec une valeur intrinsèque nulle, parce qu'elle ne peut être utilisée. Par exemple, dans une option d'achat, si le prix de l'actif sous-jacent est inférieur au prix de l'exercice.  1, record 4, French, - option%20sans%20argent

Record number: 4, Textual support number: 1 OBS

«Option hors du cours» est le terme utilisé avec le MATIF (Marché à terme international de France).  2, record 4, French, - option%20sans%20argent

Record number: 4, Textual support number: 2 OBS

option sans argent : terme et définition extraits du CAPITAL Business Dictionary et reproduits avec l'autorisation de LID Editorial Empresarial.  3, record 4, French, - option%20sans%20argent

Record 4,  Textual support,  Spanish

Record number: 4, Textual support number: 1 DEF

Opción con un valor intrínseco nulo, porque no merece la pena ser usada. Por ejemplo, en una opción de compra cuando el precio del activo subyacente es menor que el precio de ejercicio.  2, record 4, Spanish, - opci%C3%B3n%20sin%20dinero

Record number: 4, Textual support number: 1 OBS

opción sin dinero: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  3, record 4, Spanish, - opci%C3%B3n%20sin%20dinero

Record 5,  Textual support,  English

Record number: 5, Textual support number: 1 DEF

Coefficient that measures the variation of the delta of an option when the price of the underlying asset varies in one unit. A covered position with a gamma close to zero which immunises against the changes in the price of the asset.  2, record 5, English, - gamma

Record number: 5, Textual support number: 1 CONT

Some option traders attempt to construct "gamma-neutral" positions in options (long and short) such that the delta of the overall position remains unchanged for small changes in the price of the underlying instrument. Using this method writers can produce a fairly constant delta and avoid the transactions costs involved in purchasing and selling the underlying as its price changes.  2, record 5, English, - gamma

Record number: 5, Textual support number: 1 OBS

gamma: term reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.  3, record 5, English, - gamma

Record 5,  Textual support,  French

Record number: 5, Textual support number: 1 DEF

Coefficient qui mesure la variation du delta d'une option avec une variation d'une unité dans le prix de l'actif sous-jacent. Une position couverte à l'aide d'une gamme proche de zéro qui limite les effets des grands changements dans le prix de l'actif.  2, record 5, French, - gamma

Record number: 5, Textual support number: 1 CONT

Le gamma représente la sensibilité du delta à changer de valeur quand le support change d'une unité de prix : on ajoute ou on soustrait le gamma au delta pour avoir approximativement le delta correspondant au nouveau prix du support.  3, record 5, French, - gamma

Record number: 5, Textual support number: 1 OBS

gamma : terme et définition extraits du CAPITAL Business Dictionary et reproduits avec l'autorisation de LID Editorial Empresarial.  4, record 5, French, - gamma

Record 5,  Textual support,  Spanish

Record number: 5, Textual support number: 1 DEF

Coeficiente que mide la variación de la delta de una opción al variar en una unidad el precio del activo subyacente. Una posición cubierta con una gama próxima a cero inmuniza contra grandes cambios en el precio del activo.  2, record 5, Spanish, - gama

Record number: 5, Textual support number: 1 OBS

gama: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  3, record 5, Spanish, - gama

Record 6,  Textual support,  English

Record number: 6, Textual support number: 1 DEF

Coefficient that measures the price variation of an option when the volatility of the underlying asset varies by one unit. A cover with a vega close to zero would not be very sensitive to changes in the volatility of the underlying asset.  1, record 6, English, - vega

Record number: 6, Textual support number: 1 OBS

vega: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.  2, record 6, English, - vega

Record 6,  Textual support,  French

Record number: 6, Textual support number: 1 CONT

Le véga représente la sensibilité [du prix] des options à changer quand la volatilité change de 1 %. Sa valeur s'ajoute ou se soustrait [au prix] des [options d'achat] si la volatilité monte ou diminue de 1 %.  1, record 6, French, - v%C3%A9ga

Record 6,  Textual support,  Spanish

Record number: 6, Textual support number: 1 DEF

Coeficiente que mide la variación del precio de una opción al variar en una unidad la volatilidad del activo subyacente. Una cobertura con una vega próxima a cero será poco sensible a cambios en la volatilidad del activo subyacente.  1, record 6, Spanish, - vega

Record number: 6, Textual support number: 1 OBS

vega: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.  2, record 6, Spanish, - vega

Record 7,  Textual support,  English

Record number: 7, Textual support number: 1 CONT

Just how far Reagan's "Zero option" offer(i. e. dismantling of all Soviet land-based missiles targeted on Western Europe in exchange for not deploying the new generation of American INF(Intermediate Nuclear Forces) systems) can be considered a serious negotiating position to which the Soviet delegation remains questionable.  1, record 7, English, - Zero%20Option

Record 7,  Textual support,  French

Record number: 7, Textual support number: 1 CONT

Option zéro : présentée formellement le 18 novembre 1981 par le président Reagan - Démantèlement des Pershing-2 et des missiles de croisière américains en Europe contre l'élimination des SS-20, SS-4 et SS-5 déployés sur le continent européen : soit l'élimination des missiles basés à terre de 1 000 à 5 000 km de portée (LRINF).  1, record 7, French, - Option%20z%C3%A9ro

Record number: 7, Textual support number: 2 CONT

Pour des raisons historiques, tenant aux conditions dans lesquelles avait été prise la "double décision" de l'OTAN sur le déploiement des euromissiles de 1979, l'alliance s'est ralliée en 1981 à l'"option zéro", qui vise à éliminer dans les deux camps ces fusées de portée dite "intermédiaire" (SS 20, Pershing II et missiles de croisière).  3, record 7, French, - Option%20z%C3%A9ro

Record 7,  Textual support,  Spanish

Record 8,  Textual support,  English

Record number: 8, Textual support number: 1 DEF

referring to complete removal, usually of nuclear weapons.  1, record 8, English, - zero%20zero

Record number: 8, Textual support number: 1 CONT

The initial U. S. negotiating position was President Reagan's famous "zero zero" option-the complete elimination of U. S. and Soviet long range INF missiles.(The Times(London), 12 Mar., 1985, p. 12).  1, record 8, English, - zero%20zero

Record 8,  Textual support,  French

Record 8,  Textual support,  Spanish

Record 9,  Textual support,  English

Record number: 9, Textual support number: 1 DEF

The required speed at CDP [Critical Decision Point] or LDP [Landing Decision Point]. Critical decision speed is determined by the manufacturer and could even be zero. This speed will, in combination with... [the Critical Decision Height], allow the go/abort option.  2, record 9, English, - critical%20decision%20speed

Record number: 9, Textual support number: 1 OBS

from Business and commercial Aviation magazine, February 1980, p.63.  3, record 9, English, - critical%20decision%20speed

Record number: 9, Textual support number: 2 OBS

Helicopters.  3, record 9, English, - critical%20decision%20speed

Record 9,  Textual support,  French

Record 9,  Textual support,  Spanish