145 lines
2.6 KiB
Plaintext
145 lines
2.6 KiB
Plaintext
Glossary of Common Tickers, Acronyms, Variables, and Math Equations
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Ticker
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Full Name
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SPY
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SPDR S&P 500
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XLE
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Energy Select Sector SPDR Fund
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GLD
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SPDR Gold Trust
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QQQ
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Invesco QQQ ETF (NASDAQ‐100)
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TLT
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iShares 20+ Year Treasury Bond ETF
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SLV
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iShares Silver Trust
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FXE
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Euro Currency ETF
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XLU
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Utilities ETF
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AAPL
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Apple Stock
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GOOGL
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Google Stock
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IBM
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IBM Stock
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AMZN
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Amazon Stock
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TSLA
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Tesla Stock
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VIX
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CBOE Volatility Index (implied volatility for the S&P 500)
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GVZ
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CBOE Gold Volatility Index
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VXAPL
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CBOE Equity VIX On Apple
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VXAZN
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CBOE Equity VIX On Amazon
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VXN
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CBOE NASDAQ‐100 Volatility Index
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Acronym
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Full Name
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NYSE
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New York Stock Exchange
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ETF
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Exchange‐Traded Fund
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DTE
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Days to Expiration
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EMH
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Efficient Market Hypothesis
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ITM
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In‐the‐Money
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OTM
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Out‐of‐the‐Money
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ATM
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At‐the‐Money
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P/L
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Profit and Loss
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IV
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Implied Volatility
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VaR
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Value at Risk
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CVaR
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Conditional Value at Risk
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POP
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Probability of Profit
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BPR
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Buying Power Reduction
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IVP
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IV Percentile
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IVR
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IV Rank
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NFT
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Non‐Fungible Tokens
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Variable Symbol
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Variable Name/Definition
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Spot/stock price: the price of the underlying
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Contract price: the price of the option, noting that
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C
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is used if the contract is a call and
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P
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is used in the case of puts
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Strike price: the price at which the holder of an option can buy or sell an asset on or before a future date
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Risk‐free rate of return: the theoretical rate of return of a riskless asset
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Mean: the central tendency of a distribution
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Standard deviation: the spread of a distribution; also used as a measure of uncertainty or risk
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Volatility: the standard deviation of log‐returns for an asset; a key input in options pricing
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Delta: the expected change in an option's price given a $1 increase in the price of the underlying
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Gamma: the expected change in an option's delta given a $1 change in the price of the underlying
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Theta: the expected time decay of an option's extrinsic value in dollars per day
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Beta: the volatility of the stock relative to that of the overall market
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Beta‐weighted delta: the expected change in an option's price given a $1 change in some reference index
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Equation Number
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Equation
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1.1
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Simple Returns
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1.2
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Log Returns
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1.3
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Long Call P/L
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1.4
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Long Put P/L
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1.5
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Population Mean
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1.6
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Expected Value
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1.7
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Population Variance
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1.8
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Variance
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1.9
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Skew
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1.15
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Delta
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1.16
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Gamma
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1.17
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Theta
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1.18
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Population Covariance
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1.19
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Covariance
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1.20
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Correlation Coefficient
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1.21
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Additive Property of Variance
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1.22
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Beta
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2.1
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±1σ Expected Range Approximation (%)
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2.2
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±1σ Expected Range Approximation ($)
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3.1
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IV Percentile (IVP)
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3.2
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IV Rank (IVR)
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4.1
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Short Put BPR
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4.2
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Short Call BPR
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4.3
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Short Strangle BPR
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5.1
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Short Iron Condor BPR
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8.1
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Approximate Kelly Allocation Percentage |