A quote for the price of a certain security in which the price is subject to future change.
Author: todorm
Strips
Separating a coupon from a bond so the two can be sold separately.
Strike Price
The price at which a derivative contract can be exercised (bought or sold).
Street Name
Street name is when a security is held by a brokerage that holds it on behalf of a client.
Strangle
An options strategy where an investor holds both a call and a put on the same underlying asset.
Straddle
An options strategy in which an investor holds a position in both a call and put with the same strike price and expiration date.
Stop Order
An order type that is triggered when the price of a security reaches the stop price level.
Stop-Loss
An order for a security to be bought or sold at a market when it reaches a certain price known as the stop price.
Stop Limit Order
A set time frame that combines features of a stop with those of a limit order and is generally used to mitigate risk.
Stock Splits
Stock splitting is when a company increases the number of outstanding shares of stock to boost the liquidity of the stock.