O'Reilly logo

The Bible of Options Strategies: The Definitive Guide for Practical Trading Strategies by Guy Cohen

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Appendix B. Glossary

American Stock Exchange (AMEX)

Securities Exchange that handles approximately 20% of all securities trades within the U.S.

American-Style Option

An option contract that can be exercised at any time before the expiration date. Stock options are American style.

Arbitrage

Where the simultaneous purchase and disposal of a combination of financial instruments is such that a guaranteed profit is made automatically.

Ask

The price that you buy at and the price that market makers and floor brokers are willing to sell at. The Ask stands for what the market makers and floor traders ask you to pay for the stock (or options or other instrument).

At the Opening Order

An order that specifies execution at the market opening or else ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required