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101 trades were generated in 2017-20
97 of them were profitable

Options Glossary - Most Used Terms


Leg

One side of a spread. Thi is a risk-oriented method of establishing a two-sided position. Rather than entering into a simultaneous transaction to establish the position (a spread, for example), the trader first executes one side of the position, hoping to execute the other side at a later time and a better price. The risk materializes from the fact that a better price may never be available, and a worse price must eventually be accepted. This is, of course, a higher-risk method of establishing a spread position.

See Also:

Leg Out: In rolling forward in futures, a method that would result in liquidating a position.

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