series (of options)

Definition of "series (of options)"
  1. Options that are identical in regard to their type, the futures contract or instrument they cover, their strike price, and their expiration date
How to use "series (of options)" in a sentence
  1. The series of options were identical and were all set to expire at the same time.
  2. The investor preferred the series of options due to their uniform strike price.
  3. The broker prepared a series of options, all of which were identical in type and terms.

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