Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
Sound
Each Play button uses your device's default local English voice, or a natural local fallback. The selected voice name appears after playback. This is synthesized speech, not a source recording.
noun
A secondary market trade involving the purchasing of an underlying asset already in the money, allowing the option buyer to capitalize on the move without waiting for the exchange-mandated price change.
Definition source: English Wiktionary via Wiktextract
Usage: countable, uncountable
Topics: business, finance
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
History
bullet + trade, implying the high velocity of a bullet during trading.
