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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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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