Some of the terms used in ETFs trading:
Authorized Participant - Often called a specialist, this
sophisticated professional trading firm helps create (trade stocks for an ETF)
and redeem (trade an ETF for stocks) ETFs.
Deferred load - Future sales charge that fund may charge as a
fee at time of redemption (investor exit). Common in traditional mutual funds,
rare in ETFs.
Front load - Percentage of investor's assets that fund may
charge as a fee at time of investment. Common in traditional mutual funds, rare
in ETFs.
Dollar cost averaging
Investment strategy of making steady fixed investments (monthly for example) to
a mutual fund. Helpful to maintain savings discipline and smooth out market
swings from investor's perspective.
Minimum initial purchase -
Minimum an investor may deposit initially. It may be lower in some cases for IRA
retirement accounts.
Naked options trading is very risky - many people lose money trading them. It is recommended contacting your broker or investment professional to find out about trading risk and margin requirements before getting involved into trading uncovered options.