class (of options)

Definition of "class (of options)"
  1. Options that have the same type and cover the same underlying asset or futures contract, though they may have different strike prices and expiration dates
How to use "class (of options)" in a sentence
  1. Investors traded different contracts within the same class of options due to varying strike prices.
  2. The class of options for the commodity was diverse, offering multiple choices for potential buyers.
  3. Despite being in the same class of options, the contracts varied greatly in terms of expiration dates and strike prices.

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