TeachMeFinance.com - explain Compound option
Compound option -- London Stock Exchange name for the
call of more, the put of more or the put and call when combined.
Another name is double option. In New York a put
and call combined are called a spread if two prices are named
in it (a put price and a call price) or a straddle if only one price
is named in it (at which price the stock may be either put or
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