查询词典 underlier

A graph of an option's payoff as a function of underlier value at expiration.

期权的回报图，是以标的证券在到期日的价值为函数的。

This is because the underlier needed to hedge the call option can be sold for a higher price.

这是因为用来与期权对冲的标的资产可以以更高的价格售出。

If an option is held as part of a delta neutral portfolio, that is, a portfolio that is hedged against small moves in the underlier's price, then the next most important factor in determining the value of the option will be its implied volatility.

如果在一个delta中立的投资组合中持有一个期权，也就是，在一个投资组合里标的资产的所有小量变动被对冲了，那么决定该期权价格的最重要因素将会是它的隐含波动性。

A requirement of certain futures contracts that the underlier should not be delivered to the buyer at maturity, and instead the value of the underlier should be paid out.

某未来实现的合同规定，标的物货款需付清，但在到期时得不到交割。是指一些期货合约的条款，它要求不交割标的资产实物，而是根据资产的现金值进行清偿。

In the case of a call, this is the highest underlier value achieved, so the call has a payoff equal to the greater of: zero or the difference between that highest value and the fixed strike.

一种是行使价在期权到期时才确定：看涨期权的行使价定为有效期内标的资产所触及的最低价格，看跌期权则定为有效期内所触及的最高价格。

In the case of a put, the payoff is the difference between the highest value achieved by the underlier and the value of the underlier at expiration.

回顾式期权赋予持有人更好的获利机会，因此较一般期权来得昂贵。

In the case of a put, the payoff is the difference between the highest value achieved by the underlier and the value of the underlier at expiration.

另一种是行使价在购买期权时已固定，到期时回顾标的资产在期权有限期内所曾触及的价格，看涨期权选择在最高价水平行使，看跌期价则选择在最低价行使。

Derivative A financial instrument whose characteristics and value depend upon the characteristics and value of an underlier, typically a commodity, bond, equity or currency.

衍生品 一种其资产特点和价值依赖于原生资产（典型的如商品，债券，股票和货币）特点和价值的金融工具，如期货和期权。

A transaction settled with a cash payment in the amount of profit or loss rather than the physical delivery of a commodity or other underlier.

用以利润或损失表示的现金来结算，而不是以商品的实际交割来结算的交易，是指买卖双方用现金进行结算或在证券成交以后办理交割与结算，不是真正交割标的资产而是用现金交割来结算期货合约的方法。

The specified price on an at which the contract may be exercised, whereby a buyer can buy the or a buyer can sell the underlier.

合同可能以这个价格执行的一个确定的价格，通过这个价格，买者可能买入或者卖出基础证券。

Breath, muscle contraction of the buttocks; arch body, as far as possible to hold his head, right leg straight towards the ceiling (peg-leg knee in order to avoid muscle tension).

呼气，收缩臀部肌肉；拱起身体，尽量抬起头来，右腿伸直朝向天花板（膝微屈，以避免肌肉紧张）。

The cost of moving grain food products was unchanged from May, but year over year are up 8%.

粮食产品的运输费用与5月份相比没有变化，但却比去年同期高8％。