index option Meaning in the Cambridge English Dictionary
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Meaning of “index option” in the English Dictionary

"index option" in Business English

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index optionnoun [C]

uk   us   ( also stock-index option)
FINANCE an ​investmentbased on the ​value of a stockindex (= a set of ​shares that ​shows the ​value of a ​stockmarket). The ​investorbuys the ​right to ​buy or ​sell that ​index at a particular ​price by a ​date in the future: S&P 500 Index Options The ​fundinvested in ​equityindexoptions.
(Definition of index option from the Cambridge Business English Dictionary © Cambridge University Press)
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