TeachMeFinance.com - explain Double option
Double option -- London Stock Exchange name for the call
of more, the put of more, or the put and call when combined.
Another name is compound option. In New York a put and
call combined are called a spread if two prices are named in
the paper (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 called).
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