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Tip of the Day

Tip of the Day Never Buy The Extended Warranty

Never Buy The Extended Warranty - Most of the time new products automatically come with a ninety-day or one-year warranty, which is during the period most products that are defective,...

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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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Definition of the Day Depositary Receipt

Depositary Receipt - This represents the ownership of shares of stock certificates and trades in the financial stock markets. It is the buy and sell of the stocks involved with non-United States companies on the United States Stock Exchange. The depositary receipt carries the prices...

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