Home > Term: available option quantity before this order
available option quantity before this order
The option quantity from the prior close of business reduced by (1) all open "Closing orders" for the specific security and (2) all executed and open covered call orders for the underlying security. (i.e., reduce the Real Time Acct Qty by all orders and positions that encumber the security). This does not include the current order.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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