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
option class
Covered writer
Energy derivative
Cash Delivery
implied volatility
See All Related Terms »

net assets
resale
capital maintenance concept
gravestone doji
CPA