HomeDefinitionsCompareDebt FLEX OptionsThe financial definition for FLEX Options:Exchange traded equity or index options, where the investor can specify within certain limits, the terms of the options, such as exercise price Expiration date, exercise type, and settlement calculation. Similar MatchesBarrier optionsBarrier optionsOption contracts with trigger points that, when crossed, automatically generate buying or selling of other options. These are exotic options. Basket optionsBasket optionsPackages that involve the exchange of more than two currencies against a base currency at expiration. The basket option buyer purchases the right, but not the obligation, to receive designated currencies in exchange for a base currency, either at the prevailing foreign exchange market rate or at a prearranged rate of exchange. Multinational corporations with multicurrency cash flows frequently use basket options because it is generally cheaper to buy an option on a basket of currencies than to buy individual options on each of the currencies that make up the basket. Chicago Board Options Exchange (CBOE)Chicago Board Options Exchange (CBOE)A securities exchange created in the early 1970s for the public trading of standardized option contracts. Primary place stock options, foreign currency options, and index options (S&P 100, 500, and OTC 250 index) Further SuggestionsClass of OptionsConditional call options Equity options European Options Exchange (EOE) Indexed Stock Options Kuala Lumpur Options and Financial Futures Exchange (KLOFFE) London International Financial Futures and Options Exchange (LIFFE) Click to compare definitions of FLEX Options Click to view definitions beginning fl |