Dictionary
- Open Trades
- Current trades that are still held active in the customer's account.
- Option
- A contract that provides the right but not the obligation to buy or sell a specified amount of a security within a specified time period.
- Option Premium
- The market price of an option that is paid by an option buyer to the option writer for the right to buy or sell the underlying security at a specified price by the option's expiration date.
- Order
- A request from a client to a broker to buy (buy order) or sell (sell order) a specified amount of a particular security or commodity at a specific price or at the market price. There are different types of orders: market order, limit order, good-till-canceled order, etc.
- Oscillator
- Technical indicator used to identify overbought and oversold price regions. An indicator that detrends data, such as price.