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Strike price
The price at which a contract can be exercised or settled against in reference to options trading.
Support
A price level that the market doesn’t fall below for some time. When prices fall to a support level the weight of buying outweighs selling and prices tend to be pushed up again. A number of different trend troughs often occur at a support level.
Support level
A technique used in technical analysis to indicate a price floor at which you would expect the price to 'bounce' off. A price point where it is anticipated buyers will enter the market and 'support' the price. The opposite of this is resistance.
Swissie
A slang term for the Swiss franc.
Spiders (SPDR)
A short name for Standard & Poor's depositary receipt, an exchange-traded fund (ETF) managed by State Street Global Advisors that tracks the Standard & Poor's 500 index (S&P 500).
Straddle
A straddle is a neutral options strategy that involves simultaneously buying both a put option and a call option for the underlying security with the same strike price and the same expiration date.
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