Glossary

aggressability The tendency to make up words that vaguely suggest a heightened level of aggression, but then to react aggressively when tackled on the origin of the word ... so watch your step!

ask See bid.

at-market or at-the-market An order to buy or sell an option or a share at the prevailing market price.

at-the-money When the exercise price of the option is close to, or equal to, the current market price.

average down Buying more of a security that is not co-operating with your initial view. For example, buying more of a downtrending share. You are trading against the trend. Only ever buy more of uptrending shares.

average true range The average of the true ranges over the past x periods (where x is specified by the user). See ...

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