Low Exercise Price Option en · NOUN
Meanings
- 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.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| Low Exercise Price Options | Number=Plur | lexicographic |