摘要:One options contract represents one hundred shares in the underlying stock. The quoted price of an option is per share.

The quoted price of a stock option must be multiplied by 100 to ge[阅读全文]

摘要:A clearing organization that acts as both the issuer and guarantor for option and futures contracts.

The Options Clearing Corporation is regulated by both the SEC and the CFTC.

T[阅读全文]

摘要:The process of granting an option that is dated prior to the date that the company granted that option. In this way, the exercise price of the granted option can be set at a lower price than that of t[阅读全文]

摘要:A stock that has options trading on a market exchange. Not all companies that trade publicly have exchange traded options, this is due to requirements that need to be met, such as minimum share price [阅读全文]

摘要:A specific set of calls or puts on the same underlying security, in the same class and with the same strike price and expiration date.

An option series is a certain contract traded on a [阅读全文]

摘要:A list of options grants to an employee or employees of a company that contain the date and size (in shares) of each grant, as well as the expiration date, exercise price and vesting schedule. Option [阅读全文]

摘要:Any model- or theory-based approach for calculating the fair value of an option.

The most commonly used models today are the Black-Scholes model and the binomial model. Both theories on options[阅读全文]

摘要:The cash or securities an investor must deposit in his account as collateral before writing options. Margin requirements vary by option type. Margin requirements are established by the Federal Reserve[阅读全文]

摘要:A type of mutual fund with the goal to generate current income for its investors from the premium it earns by selling option contracts. The profits investors earn on the options are taxed as ordinary [阅读全文]

摘要:A publication issued by the Options Clearing Corporation (OCC) that first-time option traders are required to read before being allowed to make any option trades. The document prepares traders for the[阅读全文]

摘要:A pattern of months in which option contracts usually expire (usually a nine month period). There are three common cycles:

JAJO - January, April, July, and October

MJSD - March, June, Se[阅读全文]

摘要:The set of all the call options or all the put options for a particular stock, index fund, or futures security on a listed exchange. The number of options available for purchase or sale within a given[阅读全文]

摘要:A way of quoting options prices through a list of all of the options for a given security.

For each underlying security, the option chain tells investors the various strike prices, expir[阅读全文]

摘要:A term for option contracts whose underlying securities are instruments other than equities.
Examples of non-equity options would include options on bonds, commodities, debt issues and foreign c[阅读全文]

摘要:The net amount an investor or trader will pay for selling one option, and purchasing another. The combination can include any number of puts and calls and their respective position in each.

The[阅读全文]

摘要:裸期权（Naked Option）裸期权又称无保护期权、无掩护选择权，是指期权卖方本身并未持有期权标的资产的期权，如股票看涨期权卖方本身并没有持有期权相应的股票。 An option position[阅读全文]

摘要:A type of order that allows an option trader to simultaneously buy or sell a number of different options that traditionally could only be achieved by placing separate orders. This type of order is pri[阅读全文]

摘要:A type of option for which the underlying assets are Dow Jones Industrial Average futures contracts. The option has a 5 times multiplier, which means that each option contract on the index controls 5 [阅读全文]

摘要:An option that can be exercised at different times during the life of the option. The various times set for exercise are written within the option and allow for flexibility for both the writer and hol[阅读全文]

摘要:An exotic option that allows investors to "look back" at the underlying prices occurring over the life of the option and then exercise based on the underlying asset's optimal value. This type of op[阅读全文]