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In finance, a ladder, also known as a Christmas tree, is a combination of three options of the same type (all calls or all puts) at three different strike prices. [1] A long ladder is used by traders who expect low volatility , while a short ladder is used by traders who expect high volatility.
Oil well Christmas tree. In petroleum and natural gas extraction, a Christmas tree, or tree, is an assembly of valves, casing spools, and fittings used to regulate the flow of pipes in an oil well, gas well, water injection well, water disposal well, gas injection well, condensate well, and other types of well.
The Rockefeller Center Christmas Tree is a large Christmas tree placed annually at Rockefeller Center, in Midtown Manhattan, New York City, United States. The tree is put in place in mid November and lit in a public ceremony on the Wednesday evening following Thanksgiving .
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Mount Ingino Christmas Tree in Gubbio. The Mount Ingino Christmas Tree is a lighting illumination in the shape of a Christmas tree that is installed annually on the slopes of Mount Ingino (Monte Ingino in Italian) outside the city of Gubbio, in the Umbria region in Italy. The tree is also called the Gubbio Christmas Tree or the biggest ...
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The National Christmas Tree is a large evergreen tree located in the northeast quadrant of the Ellipse near the White House in Washington, D.C. Each year since 1923, the tree has been decorated as a Christmas tree. Every year, early in December, the tree is traditionally lit by the President and First Lady of the United States.
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