GOOD TIL CANCELED (GTC) ORDER - A Good Till Canceled order is one that is effective until it is either filled by the broker or canceled by the investor. This order will automatically cancel at the option’s expiration. GREEKS - The Greek letters used to describe various measures of the sensitivity of the value of an option with respect to different factors. They include Delta, Gamma, Theta, Rho, and Vega. HISTORIC VOLATILITY - A measure of the actual price fluctuations of the underlying over a specific period of time. Also known as statistical volatility”.
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