Common Options Trading Terms
The rate of change in an option
The purchaser of an option.
An option strategy in which the options have the same striking price, but different expiration dates.
A measure of the volatility of the underlying stock, it is determined by using option prices currently existing in the market at the time rather than using historical data on the price changes of the underlying stock
An option whose underlying entity is an index. Most index options are cash-based
A term describing any option that has intrinsic value. A call option is in-the-money if the underlying security is higher than the striking price of the call. A put option is in-the-money if the security is below the striking price.
The value of an option if it were to expire immediately with the underlying stock at its current price; the amount by which an option is in-the-money. For call options, this is the difference between the stock price and the striking price, if that difference is a positive number, or zero otherwise. For put options it is the difference between the striking price and the stock price, if that difference is positive, and zero otherwise
If you did not find the term you were looking for here, you might try the CBOE Chicago Board Options Exchange. They have a broad selection of option terms and trading tools.