Trading Basics
Charts
A graphical representation of the price of a financial instrument.
Other Trading Basics
Close to the Money
In options trading when the underlying price of the security is close to the strike price of the option.
Balance of Payments
Also BoP. This is the difference between payments into or out of a country. It can be negative or positive and is used by traders in fundamental analysis.
American Option
An option that can get exercised at any time during its life.
European options can only be exercised at the end.
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