Derivative
Because they derive their value from something other than themself.
Because they derive their value from something other than themself.
A collar position is created by buying (or owning) stock and by simultaneously buying protective puts and selling covered calls... View Article
An option on a futures contract is the right, but not the obligation, to buy or sell the underlying futures... View Article
cost of the right to buy or sell the underlying futures contract Resources https://www.cmegroup.com/education/courses/introduction-to-options/introduction-to-options.html
Days to Expiration refers to the number of days until an option or futures expires