Trading Basics
Deep Out of the Money
In options trading, this means when the strike price is the wrong side of the current price and a long way from it. The option is out the money and there is little chance of it being in the money.
Other Trading Basics
Blue Chip
Well established, big companies.
A blue chip is an expensive chip on the poker table
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Learn the skills needed to trade the markets on our Trading for Beginners course.