Definición
The average price paid to open a position, in cents per contract. A contract bought at 46¢ has to be worth more than 46¢ at the end for the trade to make money.
Términos relacionados
- Fills — The separate pieces an order executed in, each at its own price.
- Contracts — How many $1-payout contracts a position holds. Bought at 46¢, one risks 46¢ to win 54¢.
- Unrealized P&L — Profit or loss on a position still open, at the current price. Not in the record until it closes.