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Root Symbol

The first part of an options symbol that represents the underlying security.

Additional Comments:

For instance, the root symbol for International Business Machines is IBM.

Related Terms:

A three-, four-, or five-letter sequence that denotes a stock, option, or futures contract. ...

Cyclical Stocks
Cyclical stock prices move with the economy. Cyclical stocks often reach their high and low points ...

Out of the Money
Refers to an options contract that has no intrinsic value; for instance, a call option whose ...

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