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Sponsored Link: Glossary of Option Terms: FungiblesFungibles Definition: Securities/goods that are interchangeable between each other, if sold by weight or number it’s a sign that they are "fungible". Within options, fungibility helps make it possible for sellers and buyers to close out positions by taking offsetting positions; buying a long call and closing it by selling a put with the same underlying, strike price and expiration date. Related Terms:
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Hear It From Our Premium Members..."This is the first time I have had a position that paid handsomely while the market was experiencing spasms. I made 97% on my put position. That was sweet. " ~Dexter L., Jonesboro, GA
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What Others Have To Say..."This is the first time I have had a position that paid handsomely while the market was experiencing spasms. I made 97% on my put position. That was sweet. "
~Dexter L., Jonesboro, GA |
