LONG LEG
A portion of an option which involves buying an option on the underlying asset. It includes purchasing and simultaneously selling an option on an asset such as stock. Since purchasing a put or call in such a spread is equal to "going long" on the option, it means long leg of the spread. Likewise, as selling a put or call in such a spread is equivalent to "going short" on the option, it pertains short leg of the spread.
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Netting
Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
Lemming
An investor who follows the crowd in investing without doing any research on his/her investments. Usually, lemming results to significant losses. T ...
Transaction Deposit
Bank deposit that can be immediately withdrawn, transferred, or otherwise transacted by the depositor. Banks are required to maintain reserves on h ...
Value Fund
Value Fund refers to a stock mutual fund that holds stocks, which are believed to be undervalued in price but are likely to be capable of paying di ...
Market Order
Most common way of carrying orders; an instruction or order from a client, via broker or brokerage service, to immediately purchase or sell an inve ...
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