Glossary

Asset

A stock, commodity, currency, or index.

At The Money

When the option expiry price is the same as the buying price.

Call Option

When the trader has chosen the upward direction for an asset price by expiry.

Expiry Price

The price of the underlying asset at the time of expiry according to the real-time market price. The expiry price determines whether the option has expired in-the-money or out-of-the-money.

Expiry Time

The designated time and date at which an option expires.

In the Money

A trader’s option is in-the-money when his prediction on the direction (regardless if it was above or below) was correct.  Options expires in-the-money, and the trader receives the full payout even if the trader was correct by a single pip.

Investment

The amount invested in a specific option.

At The Money

When the option expiry price is the same as the buying price.

In the Money

A trader’s option is in-the-money when his prediction on the direction (regardless if it was above or below) was correct.  Options expires in-the-money, and the trader receives the full payout even if the trader was correct by a single pip.

Call Option

When the trader has chosen the upward direction for an asset price by expiry.

Put Option

When the trader has chosen a downward direction for the asset price.

Payout

The percentage amount that the trader will receive at option expiry.

Put Option

When the trader has chosen a downward direction for the asset price.

Expiry Price

The price of the underlying asset at the time of expiry according to the real-time market price. The expiry price determines whether the option has expired in-the-money or out-of-the-money.

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