All options of the same type, either calls or puts, that have the same underlying security.
Archives
Growth Stocks
Companies with consistent annual earnings and sales growth of at least 15%.
Share Certificate
A paper certificate that represents the number of shares an investor owns.
Substitutional Listing
A broad category of transactions that involves one security on the stock list being replaced by another security or securities.
Tangible Book Value
Book Value minus goodwill and intangible assets.
Guaranteed Investment Certificate (GIC)
A deposit instrument most commonly available from trust companies or banks requiring a minimum investment at a predetermined rate of interest for a stated term, such as one or five years. GICs are generally non-redeemable and non-transferable before maturity.
Option Cycle
A set pattern of months when a class of options expires.
Supplemental Listing
A type of listing transaction, made after an issuer’s original listing, that involves the listing and posting for trading of a new issue of securities. Typically, this involves the listing of preferred shares, rights, warrants, or debentures. Supplemental also covers the additional listing of when-issued shares through a secondary offering of an issue that is already listed.
Shareholders Equity
The difference between the total of assets and liabilities shown on a company’s balance sheet. Book value is the shareholders equity divided by the number of outstanding shares.
Technical Analysis
The study and use of price and volume charts and other technical indicators to make trading decisions. Technical analysis attempts to use past stock price and volume information to predict future price movements. Fundamentally, technical analysis shows in graphic form investor sentiment, both greed and fear. Understanding that concept is key to understanding technical analysis and being able to use it effectively to trade securities. With proper technical analysis, you can be ready for certain moves, and when your analysis is confirmed by the actual start of the move, trading positions can be taken. Technical analysis can be used for short-term trading or long-term position buying. We use if for both, and the two are closely related.