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The least amount of price movement recorded in a security.

Additional Comments:

Was 1/32 until decimalization eliminated the fractions structure.

Related Terms:

Time value
The amount by which the current market price of an option exceeds its intrinsic value. The intrinsic ...

The speed by which delta changes compared with the speed by which the underlying asset is ...

Relative Strength
A ranking of near-term directional price movement. A technical indicator comparing a security’s price action as compared ...

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