Seagull Option
Definition
A structured product combining a call spread with a sold put, offering capped upside and protection against moderate downside.
Example
A seagull provides cost-effective hedging for corporate forex or equity exposures.
Related Terms
Frequently Asked Question
What is a Seagull Option?
A Seagull Option is a structured product combining a call spread with a sold put, offering capped upside and protection against moderate downside. Commonly used by corporations for cost-effective forex hedging.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.