Uncovered Options Trading System

Options Autotrading
2017-2020 - 97 winners and only 4 losers

Options Trading Glossary

Quickie

An order that must be filled as soon as it reaches the trading floor at the price specified, or be canceled immediately.

Quote

The price being offered or bid by a market maker or broker-dealer for a particular security.

Quoted Price

Refers to the price at which the last sale and purchase of a particular security or commodity took place.

Ratio Backspread

A delta neutral spread where an uneven amount of contracts are bought and sold with a ratio less than 2 to 3. Optimally no net credit or net debit occurs.
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