| Compound Option | |
 An option on an option. Examples include a call on a call, a put on a put, a call on a put, and a put on a call. |
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 This type of option usually exists for currency or fixed income markets where an uncertainty exists regarding the option's risk protection capabilities. Also known as a split-fee option. |
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 Options Basics Tutorial - An introduction to the world of options, covering everything from primary concepts to how options work and why you might use them. |
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