Definitions for "Underlying Futures Contract"
Keywords:  dec, corn, exercise, bought, unparallel
The specific futures contract established (such as Dec Corn) when an option buyer exercises their option right to buy or sell. See also "Call Option," "Put Option" and "Strike Price."
The specific futures contract that the option conveys the right to buy (in case of a call) or sell (in the case of a put).
The futures contract covered by an option; for example, a 300 Dec. corn call's underlying futures contract is the December corn futures contract.
Undermargined account Underperform
Unleveraged beta Unleveraged required return