Glossary
A
B
Backspread,
Back Months,
Backtesting,
Backwardation,
Basis,
Basis Point,
Basis Risk,
Bear,
Bearish,
Bear Market,
Bear Spread,
Beta,
Bid,
Bid/Ask (Offer) Spread,
Binominal Model,
Black Scholes Model,
Block or Block Trade,
Blue Sky Laws,
Bond,
Book Value,
Box Spread,
Break-Even Point(s),
Broker,
Broker Loan Rate,
Broker-Dealer,
Bull,
Bullish,
Bull Market,
Bull Spread,
Butterfly Spread,
Buy on Close,
Buy-on-Opening,
Buying Power,
Buy-To-Cover,
Buy-Write,
Bank Guarantee Letter
C
Cabinet or "Cab" Trade,
Calendar Spread (Time Spread),
Call Option,
Called Away,
Call Writer,
Canceled Order,
Capital Gain or Capital Loss,
Carry/Carrying Charge ,
Cash Account,
Cash Market,
Cash Settled Option,
Chicago Board of Trade (CBOT),
Chicago Board of Options Exchange (CBOE),
Chicago Mercantile Exchange (CME),
Class of Options (Options Class),
Clear/Clearing,
Clearing Broker-Dealer,
Clearing House,
Clearing Member,
Client,
Close (C), The,
Closing Price,
Closing Purchase,
Closing Range,
Closing Transaction,
Combo,
Commission,
Condor Spread,
Confirmation Statement,
Contingency Order,
Contango,
Contract,
Contract Month,
Contract Size,
Correction,
Cost Basis,
Cover,
Covered Write or Covered Call or Put/Covered Call or Put Writing (Selling),
Covered Writer (Seller),
Credit,
Credit Balance (CR),
Credit Spread,
Crossed Market,
Crossing Orders,
Current Market Value (CMV),
Consolidated Tape,
Conversion (Option's Position),
Covered-Return
D
Date of Record (Record Date),
Day Order,
Days To Cover,
Day Trade,
Day Trading,
Dealer,
Debit Balance (DR),
Debit Spread,
Deck,
Declaration Date,
Delayed Opening,
Delayed Quotes,
Delivery,
Delta,
Derivative Security,
Designated Order Turnaround (DOT),
Discount Rate,
Discretionary Account,
Dividend,
Dividend Frequency,
Dividend Yield,
Don't Know (DK) Notice,
Down-Tick,
Downtrend,
Dual/Multiple Listed,
Duplicate Confirmation,
Deferred Contract
E
F
Fast Market,
Fed Funds (Federal Funds),
Federal Funds Rate,
Federal Open Market Committee (FOMC),
Federal Reserve Board (FRB),
Fill,
Fill Or Kill (FOK),
Financial Industry Regulatory Authority,
Flat,
Float,
Floor,
Floor Broker,
Floor Trader,
Free Credit Balance,
Frozen Account,
Full Trading Authorization,
Fundamental Research,
Fundamentals,
Fungibility,
Future(s) Contract,
Full Power of Attorney
I
Immediate Or Cancel (IOC),
Index,
Index Option,
Initial Margin Requirement,
Initial Public Offering (IPO),
Institutional Investors,
Interest,
Interest Rate,
Interest Rate Risk,
In-The-Money (ITM),
Intrinsic Value,
Investor,
Iron Butterfly Spread,
Iron Condor Spread,
Issue,
Issuer,
Implied Volatility
L
Last (Price),
Last Trading Day,
Leaps,
Leg(s) Legging:,
Leverage,
Limit Move,
Limit (Price) Order,
Limited Power of Attorney,
Limited Trading Authorization,
Liquidation,
Liquidity,
Liquidity Risk,
Listed Options,
Listed Stock,
Loan Consent Agreement,
Loan Value,
Local,
Locked Limit,
Long,
Long Hedge,
Long Market Value,
Lot,
Low (L)
M
Maintenance Margin,
Margin,
Margin Balance,
Margin Call,
Margin Elgible Securities,
Margin Requirement,
Mark,
Market,
Market Arbitrage,
Market Capitalization,
Market If Touched (MIT),
Market Maker,
Market On Close (MOC),
Market (Price) Order,
Mark-To-Market,
Married Put,
Merger,
Minimum Price Fluctuation,
Model,
Money Market Fund,
Multiple Listed,
Multiplier,
Margin Account,
Margin Agreement,
Max-Covered-Return
N
O
Odd Lot,
OEX,
Offer,
One Cancels Other (OCO),
Open (O), The,
Open Equity,
Open Interest,
Open (Price) Order,
Open Outcry,
Open Position,
Opening Price/Range,
Opening Rotation,
Opening Trade/Transaction,
Option,
Option Chain,
Option Class,
Option Pricing Model,
Options Clearing Corporation, The (OCC),
Option Disclosure Document,
Order,
Order Book Official (OBO),
Order Flow,
OTC-Option,
Out-Of-The-Money Option (OTM),
Out-Trade(s),
Over-The-Counter (OTC) Market,
Order Routing System
P
Parity,
Payable Date,
PEG Ratio,
Philadelphia Stock Exchange (PHLX),
Pin Risk,
Plus Tick Or Up Tick Rule,
Point,
Position,
Position Limit,
Position Trading,
Preferred Stock,
Premium,
Profit/Loss (P/L) Day,
Profit/Loss (P/L) Open,
Profit/Loss (P/L) Year-To-Date (YTD),
Prime Rate,
Put/Call Ratio,
Put Option,
Pacific Exchange (PCX),
Profit/Loss (P/L) %,
Price To Earnings Multiple(P/E Ratio),
Partial Fill,
Profit/Loss (P/L) Differential (Diff)
Q
R
Rally,
Range,
Ratio Spread,
Reaction,
Realized Gains Or Losses,
Record Date (Date Of Record),
Registered Options Principle,
Registered Represenative,
Regulation T (Reg T),
Rehypothecation,
Rejected Order,
Restricted Account,
Reversal (Market Reversal),
Reversal (Reverse Conversion),
Reverse Split,
Rho,
Roll, The,
Roll, To,
Round Lot,
Retail Automatic Execution System (RAES),
Return On Capital,
Return On Risk
S
Scalp,
Scalper/Scalping,
Seat,
Secondary Market,
Securities And Exchange Commission,
Security,
Segregation,
Self Regulatory Organization,
Series,
Settlement,
Settlement Date,
Settlement Price,
Shares,
Short,
Short Covering,
Short Hedge,
Short Interest,
Short Seller,
Short Squeeze,
Single Account,
Skew,
Slippage,
Special Memorandum Account (SMA),
Specialist,
Speculator,
Spin Off,
Split,
Spread,
Spread Order,
SPX,
Statement,
Stock,
Stock Options,
Stop Limit (Price) Order,
Stop (Stop Loss) Order,
Straddle,
Strangle,
Street Name,
Strike Price,
Symbols,
Synthetic,
Synthetic Long Call,
Synthetic Long Put,
Synthetic Long Stock,
Synthetic Short Call,
Synthetic Short Put,
Synthetic Short Stock,
Systematic Risk,
Securities Investor Protection Corporation (SIPC),
Sizzle Index™