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.
Other Trading Basics
Currency Options
A option is the right to buy or sell something in the future but not the obligation. A currency option is on an FX market.
ABS
Asset-backed securities.
These are securities backed by assets, like mortgages, which are claimable if the creditor defaults.
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