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.
American Option
An option that can get exercised at any time during its life.
European options can only be exercised at the end.
Start learning
Learn the skills needed to trade the markets on our Trading for Beginners course.