Stop & Stop Limit Orders (Options) Stop' and 'Stop Limit' orders placed on options are activated when there is a trade at that price on the specific exchange on which the order is located. If selling, an order can also be activated if the quote on the offer Ñ on the specific exchange on which the order is located Ñ matches or is below the 'Stop' or 'Stop Limit' price. Conversely, a 'Stop' or 'Stop Limit' order to buy can also be activated if the quote on the bid, on the specific exchange on which the order is located, matches or is above the 'Stop' or 'Stop Limit' price. For example, if a 'Stop' order to sell a call at 7 1/2 is in effect on the CBOE, a market of 7 1/4Ð7 3/4 on the CBOE will not trigger the order. If the market on the same option on the AMEX then changes to 7Ð7 1/2, the order will still NOT BE TRIGGERED. Only the market or last sale on the CBOE will affect the status of a 'Stop' or 'Stop Limit' order on the CBOE.
Stocks Glossary.com Term Of The Day was designed specifically to expand and enhance your career and personal vocabulary, using selected stock market terms from the Stocks Glossary interchanged selectively with terms from other Mega Glossaries for their usefulness in business, public speaking and day-to-day conversation .You may also search any term from the Stocks Glossary and Mega Glossary database menus provided below.
Subscribe & Receive Stocks Glossary In You Email Weekly
Please select a letter from the following list to consult terms:
from the MegaFactor newsletter selections and receive your FREE newsletter every 2 weeks by Email.
Choose from the Mega Column selections and receive your FREE Mega Column every 2 weeks by Email.
RealVenue / HomeDaata
Real Estate Community
/ Seller MultiMedia Presentation
and Sellers we have put together this multi-media presentation for you to watch
and interact with. It gives you some great tips whether or not your are buying
or selling a home. Click
Here To View
Ways To Mega Manage Your Finances. Check out our Mega Interactive Course on how
to manage your money effectively.