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Tip of the Day Be Cautious of Home Equity Loans

Be Cautious of Home Equity Loans - You have worked hard to buy your home and keep the payments up, but sometimes we get in over our heads or due...

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Optionable Stock


Optionable Stock - Optionable Stock is a stock certificate that has options trading on a market exchange. Not all corporations that trade publicly have exchange-traded options; this is due to requirements that need, such as minimum shares of stock price and minimum outstanding shares. This allows stock shareholders to buy options on the underlying stock, giving them the right to buy or sell shares of the optionable stock at a set price. The easiest way to confirm whether a stock is optionable is to go to the Chicago Board Options Exchange website and check whether there are options listed for a particular stock.

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Daily Definition

Definition of the Day Good Delivery

Good Delivery - This is a term that is used in order to describe how a given certificate has the necessary documentation to qualify as being ready for the transfer of title. It must comply with proving how the specific data needed has been provided that...

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