H

Hedge

A conservative strategy used to limit investment loss by effecting a transaction which offsets an existing position.

Hedge Ratio

The mathematical quantity that is equal to the delta of an option. It is useful in that a theoretically neutral hedge can be established by taking offsetti...

Historical Volatility

the measure of the likelihood of a stock price to change based on historical changes in price. This is typically expressed as the annualized standard devia...

Holder

The purchaser of an option.

Horizontal Spread

An option strategy in which the options have the same striking price, but different expiration dates.