Orange Book

The Orange Book is the common name for the U.S. Food and Drug Administration’s (FDA’s) database titled Approved Drug Products With Therapeutic Equivalence Evaluations.…

Oral Contract

An oral contract is an agreement whose terms are agreed to spoken rather than fully memorialized in a signed document. Like written contracts, an…

Oracle Of Omaha

Key takeaways – The “Oracle of Omaha” is Warren Buffett, chairman and CEO of Berkshire Hathaway and one of history’s most successful long‑term investors…

Option Adjustable Rate Mortgage Option Arm

An Option ARM (also called a flexible-payment ARM) is an adjustable-rate mortgage that gives the borrower multiple monthly payment choices. Typical monthly choices include:…

Option Series

• An option series is the set of all option contracts on the same underlying security that share the same type (call or put),…

Options Backdating

• Options backdating is assigning an earlier grant date to an employee stock option so the strike (exercise) price is set at a prior,…

Options On Futures

Options on futures (or futures options) are exchange‑traded derivative contracts that give the buyer the right, but not the obligation, to buy (call) or…

Options Industry Council Oic

A cooperative education organization formed by U.S. options exchanges and the Options Clearing Corporation (OCC) to increase investor awareness and understanding of exchange‑traded equity…

Option Pricing Theory

Option pricing theory is the set of mathematical tools and economic principles used to estimate the fair (theoretical) value of an options contract. At…

Options Disclosure Document Odd

An Options Disclosure Document (ODD), formally titled Characteristics and Risks of Standardized Options, is a comprehensive guide published by the Options Clearing Corporation (OCC)…