AC-DC OPTION
This is a kind of derivative that gives investors the opportunity to call (buy) or put (sell) a certain security at a given strike (price, without any obligation to execute it, and the investors can make the decision to buy or sell the security at a specified time after the option is already in motion, instead of the time of the actual purchase. An AC-DC option is a type of option that in the future can become a put or call option depending on the buyer’s discretion.
Sometimes, it is also called as a hermaphrodite or chooser option.
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Short Leg
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Deposit/Withdrawal At Custodian - DWAC
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |


