Definition of scope - the extent of the area or subject matter that something deals with or to which it is relevant, the opportunity or possibility to d Definition of scope - the extent of the area or subject matter that something deals with or to which it is relevant, the opportunity or possibility to d dictionary thesaurus
Definition of Long Put: An investor is said to be long a put option when he has purchased a put option and currently owns the put. The term going long refers to buying a security, and applies to being long a stock, long a call, and long a put.
A Vanilla option is an option with standard features like a fixed strike price, expiration date and a single underlying asset. The option is effective at the current date and when exercised, its payoff equals the difference between the value of the underlying asset and the strike price. It is also known whether the option is a call or a put at the time the option is sold. The vanilla option is the simplest type of option, with a fixed strike, expiry date and notional amount. It can be either a European or an American style option, and it can be either a call option or a put option. The payout of a vanilla option is the difference between the strike and the underlying asset price at exercise or expiration. By Barry Norman, Investors Trading Academy