Provided that the curve doesn't ever flatten too much and the option remains out-of-the-money, then we will put on flatteners when the curve steepens and put on steepeners when the curve flattens.
Source: wiktionary
Flattener
Synonyms for "flattener"
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Sample sentences
2 total sentences available.
For example, if a trader thought that 2's 10's would trade lower than 185, he or she would put on a flattener.
Source: wiktionary
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Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.