Tag Archives: Glossary

Vega

An approximation of the change in the price of an option relative to a change in the volatility of the underlying stock when all other factors are held constant. This is typically expressed for a one-percent change in volatility. For example, if a call has a price of $2.00 and a _______ of .65, if [...]

Uptrend

Successive upward price movements in a security over time. ————– Free Options Lexis Software: We are pleased to provide you with a simple, yet very powerful learning application that is designed to assist you in learning all terms and phrases understood by successful traders. Go here to get your free copy now >>> OptionsLexis Software [...]

Up-Tick

A term used to describe a trade made at a price higher than the preceding trade. ————– Free Options Lexis Software: We are pleased to provide you with a simple, yet very powerful learning application that is designed to assist you in learning all terms and phrases understood by successful traders. Go here to get [...]

Unsystematic Risk

The company-specific microeconomic factors that affect an individual stock. Theoretically, it’s the risk in a portfolio that can be reduced through diversification. Compare to systematic risk. ————– Free Options Lexis Software: We are pleased to provide you with a simple, yet very powerful learning application that is designed to assist you in learning all terms [...]

Underlying (Stock Or Security)

The stock or other security that determines the value of a derivative security and that (with the exception of cash-settled options) would be purchased or sold if an option on that __________ was exercised. Examples of _______/ies are stocks, bonds, futures and indices. ————– Free Options Lexis Software: We are pleased to provide you with [...]

Uncovered Call Or Put

Another term for naked call or put. ————– Free Options Lexis Software: We are pleased to provide you with a simple, yet very powerful learning application that is designed to assist you in learning all terms and phrases understood by successful traders. Go here to get your free copy now >>> OptionsLexis Software Free Download

Unched

When the market is unchanged. ————– Free Options Lexis Software: We are pleased to provide you with a simple, yet very powerful learning application that is designed to assist you in learning all terms and phrases understood by successful traders. Go here to get your free copy now >>> OptionsLexis Software Free Download

Type

The classification of an option as either a call or a put. ————– Free Options Lexis Software: We are pleased to provide you with a simple, yet very powerful learning application that is designed to assist you in learning all terms and phrases understood by successful traders. Go here to get your free copy now [...]

Trust

A legal relationship in which a person or entity (the trustee) acts for the benefit of someone else. ————– Free Options Lexis Software: We are pleased to provide you with a simple, yet very powerful learning application that is designed to assist you in learning all terms and phrases understood by successful traders. Go here [...]

Trend

Either an uptrend or a downtrend, successive price movements in the same direction in a security over time ————– Free Options Lexis Software: We are pleased to provide you with a simple, yet very powerful learning application that is designed to assist you in learning all terms and phrases understood by successful traders. Go here [...]

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