Latest share price divided by book value stated in latest report.
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Price to Earnings Ratio (p/e)
Latest share price divided by 12-month earnings per share (eps). Also a measure of the market’s enthusiasm for a company.
Price to Sales Ratio (p/s)
Latest share price divided by 12-month sales per share.
Option Cycle
A set pattern of months when a class of options expires.
Option Holder
The buyer of an option contract who has the right to exercise the option during its lifetime.
Option Series
An individual option contract for a given security.
Option Type
A call or put contract.
Order Number
An eight or nine-digit number assigned to every order entered into the system.
OTC Foreign Trading
OTC (over-the-counter) foreign trading refers to UMIR Rule 6.4 (e), which permits a trade to be executed off the Exchange, if one or both Participating Organization/Member client accounts are outside of Canada, provided such trades are reported within a specific time frame to the Exchange for public dissemination of the transaction.
Overbought
Market prices that have risen too steeply and too quickly.