Glossary

Open Interest Option Arbitrage Option Assignment Option Break-Even Point Option Class Option Closing Order Option Contract Option Cycle Option Delta Option Exercise Option Expiration Option Extrinsic Value Option Gamma Option Holder Option Intrinsic Value Option Leverage Option Liquidity Option Margin Option Open Order Option Payoff Option Premium Option Rho Option Risk/Reward Ratio Option Series Option Spread Option Strike Price Option Style Option Theta Option Time Value Option Trading Volume Option Type Option Underlying Option Vega Option Writer Order Book Over-the-Counter