English Explanatory Dictionary

Low Exercise Price Option

English dictionary entry

Meanings

noun
  1. A European call option on a share or index, with a 1 cent strike price, traded on ASX. Instead of paying an upfront premium, margin is held and marked-to-market daily, making it similar to a futures contract on the underlying asset.
noun
  1. Alternative letter-case form of Low Exercise Price Option.

Word forms

Low Exercise Price Option Low Exercise Price Options
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