Related Words

Bicarbonate Ions: A weak base present in saliva that helps to neutralize acids in food.

Options Contract Multiple: A constant, set at $100, that when multiplied by the cash index value gives the dollar value of the stock index underlying an option. That is the dollar value of the underlying stock index = . . . View Full Definition

Options Clearing Corporation (OCC): The Options Clearing Corporation issues all exchange-listed securities options in the United States and guarantees all transactions in those options. The OCC also assigns exercised options f . . . View Full Definition

Options Contract: A contract that, in exchange for the option price, gives the option buyer the right, but not the obligation, to buy (or sell) a financial asset at the exercise price from (or to) the option . . . View Full Definition

Options Contracts: A contract traded on a commodity futures exchange that gives the buyer the right without obligation to buy or sell a futures contract over a specified time period. The FAIR Act of 1996 requi . . . View Full Definition

Options Series: An options series includes all the contracts within an options class that have identical terms, including expiration date and strike price. For example, all of the calls on Stock A that expi . . . View Full Definition

Options On Physicals: Interest rate options written on fixed income securities, as opposed to those written on interest rate futures contracts.

Options Class: An options class includes all the calls or all the puts on a single underlying instrument that share some of the same terms, such as contract size and exercise style. For example, in the cas . . . View Full Definition

Options Chain: Options chains are charts showing all the options currently available on a particular underlying instrument. A chain, also called an options string, provides the latest price quotes for all . . . View Full Definition

Noncash Transactions: Investing and financing activities that do not affect cash: if significant, they are disclosed below the statement of cash flows or in the notes to the financial statements.