Trading Basics
Deep in the Money
In options trading, this means when the strike price is the right side of the current price and a long way from it. The option is in the money and there is little chance of it not being so.
Other Trading Basics
Contingent Orders
Orders that instruct a broker to another action if filled. The typical action is to place a stop or limit order on the trade.
Blue Chip
Well established, big companies.
A blue chip is an expensive chip on the poker table
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.