Open Depending On The Floor: Used for listed equity securities. Having room for a customer buyer or seller contingent on the results of a trade being executed on the floor (i.e., satisfying the specialist book and the orders the trader opened up). See: Open on the print, subject.

 

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Open Depending On The Floor: Used for listed equity securities. Having room for a customer buyer or seller contingent on the results of a trade being executed on the floor (i.e., satisfying the specialist book and the o . . . View Full Definition

Option Series: A group of options on the same underlying security with the same exercise price and maturity month.

Option Spread: The trading of options of the same class at the same time in order to profit from changes in the size of the spread between different options.

Option Seller: Also called the option writer; the party who grants a right to trade a security at a given price in the future.

Option Run: Usually, a type of play in which the quarterback has the option of handing off, keeping, or laterally passing to one or more backs. Often described by a type of formation or play action, suc . . . View Full Definition

Option Price: Also called the option premium; the price the buyer of the options contract pays for the right to buy or sell a security at a specified price in the future.

Option Writer: A person who sells an option contract, receives the premium, and bears the obligation to buy or sell the asset at the strike price.

Optional Dividend: A dividends that the shareholder can elect to receive either in cash or in stock.

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

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