GLOSSARY

Option

Options are a class of financial instrument that give the right, without any obligation, to either buy or sell a certain financial asset, at an agreed upon price, on a specific date. A “call” is an order to purchase, making the owner of this option a “holder”. A “put” is an order to sell, making the owner of this option a “writer”.

Order

An order is simply the instruction that a trader gives to a brokerage to buy or sell a certain a quantity of a security.

Oscillator

In technical analysis, oscillators are the technical indicators that operate by plotting the output of a trend indicator between two extreme values. Oscillators are employed by traders to identify overbought and oversold conditions.