Definition: An underlying asset is the security on which a derivative contract is based upon. The price of the derivative may be directly correlated (e.g. call option) or inversely correlated (e.g.
The strap option is a market neutral strategy with a bullish skew that offers profit potential no matter the direction of price, but double the profit on the upside.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...