Wild Card Option

Wild Card Option
An option associated with treasury bond or treasury note futures contracts that permits the short position to delay the delivery of the underlying.

This provision allows the short futures contract holder to announce his or her intention to deliver the underlying securities on any notice day before a specified time, which is later than the regular trading hours, in which invoice prices are normally fixed. The security that is delivered is usually the cheapest to deliver on that specific day.


Investment dictionary. . 2012.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Wild card option — The right of the seller of a Treasury Bond futures contract to give notice of intent to deliver at or before 8:00 p.m. Chicago time after the closing of the exchange (3:15 p.m. Chicago time) when the futures settlement price has been fixed.… …   Financial and business terms

  • wild card option — The right of the seller of a Treasury bond ( Treasury bonds) futures contract to give notice of intent to deliver at or before 8:00 p.m. Chicago time after the closing of the exchange (3:15 p.m. Chicago time) when the futures settlement price has …   Financial and business terms

  • Wild Card Play — Having the right to deliver on a futures contract at the last closing price, even though the contract is no longer trading. This is similar to the wild card option …   Investment dictionary

  • Wild Card 2 — is a lottery game (which replaced the original version of Wild Card ; hence, the 2 ) played in four contiguous states in the northern United States (Idaho, Montana, North Dakota, and South Dakota.) It is administered by the Multi State Lottery… …   Wikipedia

  • Wild card (sports) — The term wild card refers broadly to a tournament or playoff berth awarded to an individual or team that has not qualified through normal play. Contents 1 International sports 2 North America 2.1 Major League Baseball …   Wikipedia

  • Wild Bill Hickok — Infobox Person name= Wild Bill Hickok caption= birth name = James Butler Hickok birth date= birth date|1837|5|27|mf=y birth place= Troy Grove, Illinois, U.S. death date= death date and age|1876|8|2|1837|5|27|mf=y death place= Deadwood, Dakota… …   Wikipedia

  • Wild Arms — Infobox VG title = Wild Arms developer = Media.Vision publisher = Sony Computer Entertainment, Inc. designer = Akifumi Kaneko (lead designer) Yoshihiko Ito (character designer) composer = Michiko Naruke engine = released = vgrelease|JP=December… …   Wikipedia

  • Wild Arms 2 — Infobox VG| title = Wild Arms 2 developer = Media.Vision publisher = flagicon|Japan SCEI flagicon|United States SCEA designer = composer = Michiko Naruke engine = version = released = flagicon|Japan September 2, 1999 flagicon|United States April… …   Wikipedia

  • Continental (card game) — Continental Origin United States Alternative name(s) Continental …   Wikipedia

  • Shithead (card game) — Shithead A hand during a game of Shithead Type Shedding type Players 2 6 Cards 52 Deck French …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”