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Refers to an investment that lacks direction and is not trending higher or lower. Certain options strategies work well when the underlying asset is not moving higher or lower (i.e., when it is directionless).

Related Terms:

Where the opening bar of a price chart opens and stays beyond (lower or higher) that ...

Rho is the measure of the sensitivity of the option to changes in interest rates.When interest ...

Trailing Stop
Trailing stops are designed to follow the market price of a stock by a percentage amount ...

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