OTC Index Option
From Open Risk Manual
Definition
OTC Index Option. An option whose underlying security is an index. If exercised, settlement is made by cash payment, since physical delivery is not possible.
Investors trading index options are essentially betting on the overall movement of the stock market as represented by a basket of stocks.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "OTC Index Option"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/RateDerivatives/OTCIndexOptions/index-en.html + |
