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Meaning of Low Exercise Price Option | Babel Free

Noun CEFR C2

Definitions

A European call option on a share or index, with a 1 cent strike price, traded on ASX. Instead of paying an upfront premium, margin is held and marked-to-market daily, making it similar to a futures contract on the underlying asset.
Alternative letter-case form of Low Exercise Price Option.
alt-of

CEFR level

C2

Mastery
This word is part of the CEFR C2 vocabulary — mastery level.

See also

low explosive low fantasy Low Fell low five low Fowler's Low Franconian