Trading Basics
At the Money
A term used in options trading where the strike price of the option is similar to the current underlying spot price of the instrument.
Other Trading Basics
Bid
Traders can go short at the bid price.
The terminology is from the broker point of view, they are bidding to buy from you.
Credit Rating
An entities perceived ability to repay its debt. Provided by credit rating agencies. AAA is the best credit rating.
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