摘要: The right of a forward contract seller to choose some of the specifications of a commodity to be delivered. The choices about the delivered commodity's quality and delivery specifications must fit am[阅读全文:]
摘要: 1. An individual or entity that exchanges any type of good or service in return for payment.
2. In the option market, the seller is the investor who collects a premium from the buyer in return [阅读全文:]
摘要: A short-term option on a futures contract in which the underlying expires in a forward month. In a serial option, the option expires before the underlying comes to maturity. Exercising the option plac[阅读全文:]
摘要: A securities license entitling the holder to sell commodities or futures contracts.
The Series 3 exam is administered by the Financial Industry Regulatory Athority (FINRA) and covers top[阅读全文:]
摘要: An exam offered by the Financial Industry Regulatory Authority (FINRA) for financial professionals seeking to become licensed options representatives for a FINRA-member broker/dealer or principal.
摘要: A securities license entitling the holder to supervise options sales personnel and compliance issues. Before taking the Series 4 exam, you must have your Series 7 license.
The Series 4 e[阅读全文:]
摘要: A lookback option without an expiry date. This type of option can have either an American or a Mid-Atlantic settlement.
A Russian option is a perpetual lookback option. This is another s[阅读全文:]
摘要: A derivative contract representing a designated fraction of the trading value of a standard S&P futures or options contract. Designed to expand the group of investors that could afford them, the S[阅读全文:]
摘要: The money that a person allocates to investing in high-risk securities.
Basically, this is capital that you can lose without having to sleep on the streets. Investors who speculate in op[阅读全文:]
摘要: A two-dimensional graphical representation that displays the profit or loss of an option at various prices. The x-axis represents the price of the underlying security and the y-axis represents the pot[阅读全文:]