underlying asset
The specific security, financial instrument or commodity represented in a derivative. An Option Holder secures the Right to buy or sell the underlying assets when purchasing an option contract. Likewise a futures trader buys and sells contracts promising to take or make delivery of the underlying asset at a future date.
Browse by Subjects
naked option
contract month
naked call
put option (put)
See All Related Terms »

new issues department
casting vote
Nearby Month
Form 1099