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Tag Archives: Options contract

O

Objective (mutual funds) The fund’s investment strategy category as stated in the prospectus. There are more than 20 standardized categories. Odd lot A trading order for less than 100 shares of stock. Odd lot dealer A broker who combines odd lots of securities from multiple buy or sell orders into round lots and executes transactions ...

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Options contract

A contract that, in exchange for the option price, gives the option buyer the right, but not the obligation, to buy (or sell) a financial asset at the exercise price from (or to) the option seller within a specified time period, or on a specified date (expiration date). Options education ...

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