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Trading Dictionary

Demystifying stock market terminology. Search or browse our glossary to master financial terms, trading jargon, and investment concepts.

A

Trading

At the Money (ATM)

An option contract where the strike price is equal or extremely close to the current market price of the underlying asset.

B

Markets

Bombay Stock Exchange (BSE)

Asia's oldest stock exchange, established in 1875, based in Mumbai with the flagship Sensex index.

C

Instruments

Call Option

A derivative contract giving the buyer the right, but not the obligation, to buy an underlying asset at a specified strike price before its expiration date.

Analysis

Candlestick Chart

A type of financial chart used to describe price movements of a security, showing open, high, low, and close prices.

D

Trading

Delivery Trading

An investing style where bought stocks are held for more than a day, transferred into a demat account for long-term hold.

F

Analysis

Fundamental Analysis

A method of evaluating a security to measure its intrinsic value by examining related economic, financial, and qualitative factors.

Instruments

Futures and Options (F&O)

Derivative financial contracts that derive value from an underlying asset, allowing leverage and hedging strategies.

I

Analysis

Implied Volatility (IV)

A metric that represents the market's expectation of the future volatility of an underlying stock's price, serving as a primary driver of option premium pricing.

Trading

In the Money (ITM)

An option contract that has intrinsic value. For a call, the stock price is above the strike price. For a put, the stock price is below the strike price.

Trading

Intraday Trading

A style of trading where securities are bought and sold within the same trading day to capture short-term price movements.

N

Markets

National Stock Exchange (NSE)

The leading stock exchange in India, located in Mumbai, known for its electronic trading platform and Nifty index.

Markets

Nifty 50

The benchmark stock index of the NSE, representing the weighted average of 50 of the largest Indian companies.

O

Analysis

Open Interest (OI)

The total number of active, outstanding derivative contracts (such as options or futures) that have not yet been closed, exercised, or expired.

Instruments

Option Chain

A structured table showing all available options contracts (calls and puts) for a specific underlying stock or index, including strike prices, premiums, open interest, and implied volatility.

Instruments

Option Premium

The market price paid by the option buyer to the option seller (writer) to acquire the rights of the option contract.

Trading

Out of the Money (OTM)

An option contract that has zero intrinsic value and consists only of time value. For a call, the stock price is below the strike price. For a put, it is above the strike price.

P

Trading

Paper Trading

Simulated trading that allows investors to practice buying and selling securities without risking real money.

Instruments

Put Option

A derivative contract giving the buyer the right, but not the obligation, to sell an underlying asset at a specified strike price before its expiration date.

R

Risk

Risk Management

The process of identifying, analyzing, and accepting or mitigating uncertainty in investment decisions.

S

Markets

Sensex

The benchmark index of the BSE, tracking the performance of 30 well-established and financially sound companies.

Risk

Stop Loss

An order placed with a broker to buy or sell a security once it reaches a specific price, designed to limit investor loss.

Instruments

Strike Price

The pre-determined price at which the buyer of an option can choose to buy (for a call option) or sell (for a put option) the underlying security.

Analysis

Support and Resistance

Price levels on a chart where a stock price tends to find buying support (floor) or selling pressure (ceiling).

T

Trading

Target Price

The projected price level of a stock as stated by an analyst or trader, representing the exit point of a profitable trade.

Analysis

Technical Analysis

A trading discipline used to evaluate investments and identify trading opportunities by analyzing statistical trends from trading activity.

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