HEDGE WRAPPER


Meaning of HEDGE WRAPPER in English

An options strategy in which an investor has a long position in an underlying stock and buys an out-of-the-money put and sells an out-of-the-money call . It defines a range where the stock will be sold at expiration of the option , whatever way the stock moves.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.