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The Bull Market
The Bear Market
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40 Call approximate commission arbitrager at-the-money options borrowed broker bucket shop bull market Call bear spread Call bull spread Call buyer Call option capital cash requirement CBOE commission costs common stock contracts dividend equity requirement expiration date February 35 Call February 35 Put five lot spread higher strike price hundred shares in-the-money intrinsic value investment investor less leverage listed options long option loss lower strike price margin account margin requirement naked Calls naked options naked Puts naked seller option buyer option expires option price option sold option writer Options Exchange options market options strategy options trading OTC option out-of-the-money outright points position premium purchase Put bull spread Put option Puts and Calls risk Sage securities sell short selling naked short option short sale short seller sold short speculator spreader stock advances stock price straddle strike price option Table trading volume underlying stock volatility York Stock Exchange