Fulfillment and implementation of these tasks can be achieved by applying specific methods and instruments of project controlling.
BREAKING DOWN 'Execution'
As options trading has grown, various refinements to the Black-Scholes model have been introduced. Nevertheless, most models still incorporate the following factors into their pricing assumptions: Options A contract that grants the buyer the right, but not the obligation, to buy or sell a specific number of shares of a security at a specified price by a specified date.
The writer of the contract has the obligation to sell or buy a specific number of shares of the security at the specified price if the contract holder chooses to exercise the contract. The buyer is said to have a long position, and the writer is said to have a short position. Options Canceled The number of stock options that have been canceled because the options were not exercised prior to the expiration date , or because you no longer work for the employer who issued them.
Options Date The date on which an options issuer e. Options Exercisable This refers to the total number of stock options across all of your stock option grants for which you have the right of ownership and that are eligible for exercise. On the Stock Option Summary screen, the total exercisable options across all of your stock option grants and per grant display. Options Exercised For a stock option grant , the number of stock options through an exercise and sell or an exercise and hold order.
Options Granted The number of stock options an issuer e. Options give you the right to purchase a specific number of shares of the underlying stock at a specific price for a specified period of time. Options ID The unique number that identifies a particular option. Options in the Money Options that have intrinsic value.
Options Outstanding The number of options, including vested options and unvested stock options, that you hold. This is the number of options you were granted less the number of options previously exercised and less any that may have been canceled. Options Price This field displays the total cost of the option.
Option Strategy Consists solely of either calls or puts, or a combination of both, to take advantage of a specific market forecast. Option Value Refer to Option Positions. Order An action, executed in a market on your behalf by Fidelity, to buy or sell shares of a security. See Orders for more information. The order information is automatically updated every two seconds throughout Extended Hours trading. In addition to the best current bid and ask orders, Order Book quotes also supply the following information:.
Order Confirmation Number The unique number used to identify a trade order. Order Date The date an order was placed. Order Description This is a field that displays in mutual fund order details.
This field displays information stating that the order is an Electronic Funds Transfer request. This field does not display for other types of mutual fund orders. Order Information The details for a trade order. This information displays on various screens e. Order Number The unique number Fidelity assigned to identify an order.
This number displays on the confirmation screen you receive when you place an order online. Orders Pending The list of account trade orders or annuity exchange orders that have been received by Fidelity, but have not yet executed. The order list displays on the Orders screen. Order Time The time when Fidelity received an order.
Order Type Multi-leg On the multi-leg option trading ticket, the amount you expect to pay or the amount you expect to receive from your multi-leg option trade.
On the multi-leg option trading ticket, Order Type selections include:. For orders placed during the Premarket and After Hours sessions, the order type is set to Limit. Limit is the only valid order type for orders placed during these sessions.
Ordinary Dividends Distributions paid to you or credited to your account from earnings of a corporation or mutual fund. Ordinary dividends may be paid in cash or reinvested in additional shares. Ordinary dividends, which include any net short-term capital gains from a mutual fund, are fully taxable.
Any loss, to the extent that the loss is less than or equal to previously earned interest, is usually treated as an ordinary loss. Dark pools of liquidity allow big investors to trade away from the public eye. They limit market impact but may leave small investors in the cold. Dark pools are an ominous-sounding term for private exchanges or forums for trading securities; unlike stock exchanges, dark pools are not accessible by the investing public.
Dark pools, which conduct trades away from cryptocurrency exchanges, are increasing in crypto trading. Ensure that you and your clients are getting the best deal by avoiding these three pitfalls. Taking control of your portfolio means knowing what orders to use when buying or selling stocks.
While the forex market is slowly becoming more regulated, there are many unscrupulous brokers who should not be in business. Forex brokers set their prices based on commission, spread, or a combination of both. Traders have to be cautious in the thinly regulated forex market. A discount broker is a stockbroker who carries out "buy" and "sell" orders at a reduced commission compared to a full-service broker, but provides no investment advice.
Market orders execute a trade to buy or sell immediately at the best available price. Carefully consider the investment objectives, risks, charges and expenses before investing. All investments involve risk and losses may exceed the principal invested. Past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Firstrade is a discount broker that provides self-directed investors with brokerage services, and does not make recommendations or offer investment, financial, legal or tax advice.
Options trading involves risk and is not suitable for all investors. Options trading privileges are subject to Firstrade review and approval. Please review the Characteristics and Risks of Standardized Options brochure before you begin trading options. ETF trading involves risks. Before investing in an ETF, be sure to carefully consider the fund's objectives, risks, charges, and expenses.