Iad targeting options trading
The IFCD coupon is composed of a fixed component and a portion adjusts from coupon period to coupon period that reflects the iad targeting options trading during that time. Immediate or Cancel A time-in-force restriction that can be placed on the execution of an order.
This restriction requires that a broker immediately enter a bid or offer at a limit price you specify. All iad targeting options trading only a portion of the order can be executed. Any portion of the order not immediately completed is canceled. Implied Volatility For underlyings, the average volatility using options from the front two months. For options, Implied Volatility is the market's best guess of future volatility, and it is obtained by entering the current option price into an option pricing model and finding this unknown volatility on an iterative basis.
Volatility is the only unknown factor in traditional option pricing models like the Black-Scholes model and therefore must be estimated. Implied Volatility is calculated by determining the amount of iad targeting options trading that would result in the current option price given the current time until expiration, interest rates, dividends, stock price, and strike price.
The resulting figure is then expressed as a percentage. Implied Volatility Change The volatility percentage change that occurs as volatility rises or falls based on consumer expectations for an individual stock or the market in general. Implied Volatility Index Call This is a specially designed, vega-weighted average of implied volatility using only call options. Implied Volatility Index Put This is a specially designed, vega-weighted average of implied volatility using only put options.
In The Money Where the underlying stock price falls relative to the option strike price. For calls, it is when the stock price is above the strike price of the option. For puts, it is when the price of the stock is lower than iad targeting options trading strike price of the option.
Inactive - Unavailable for Electronic Funds Transfer A Fidelity Electronic Funds Transfer ; bank status indicating that the routing information for a bank could not be verified and you cannot use this bank for Electronic Funds Transfer requests.
Iad targeting options trading you see this status for a iad targeting options trading account, contact a Fidelity representative at for assistance.
Income bond A type of corporate bond which allows the issuer to omit or delay interest payments if the firm's earnings are determined to be too low. Indenture A contract that explains the various terms, options and intricacies of a bond.
It is calculated by multiplying the Inflation Factor by the trader's quoted prices. Because the inflation protection of a TIPS is delivered through changes to a bond's principal, the investor is essentially paying for the cumulative inflation impact from the original issue date up until the point of purchase. It is commonly displayed when trading a security such as a TIPS where the principal value grows or accrues over time to reflect the impact of inflation that has occurred during the life of the bond.
Inflation Adjusted Third Party Price In the context of securities whose principal value adjusts over time to account for inflation, the Inflation Adjusted Third Party Price is the closing price from the previous business day, multiplied by the inflation factor relevant for the issue date of the bond. In Kind Shares of an asset iad targeting options trading are transferred without liquidating them.
Inception Date The date that the fund started operations. Include Bonds Subject to Alternative Minimum Tax When searching bond inventory for a bond ladder, you can choose to include municipal bonds subject to alternative minimum tax.
The default is not to include these bonds. Include Callable Bonds When searching bond inventory for a bond ladder, you may include or exclude callable bonds in the ladder. If you include a callable bond and the bond is called, your interest payments shall cease and the principal shall be returned to you payable as of the call date.
If you seek to reinvest this principal in a similar bond issue, you will likely have to accept a lower yield and lower interest payments consistent with prevailing interest rates.
Not all bonds are callable. You are required to select "Yes" or "No" to this question as including callable bonds may break the ladder sooner than you anticipated. Include Existing Positions If you own existing fixed income positions, you may include them as part of a second set of Summary Calculations.
Existing positions can only be included in this Summary analysis if they are an eligible product type i. Existing positions can be included in the Summary Calculations, however they will not be screened against any of the customer selected criteria nor are they used in the creation of your bond ladder.
Include Insured Bonds When creating a bond ladder, select if you want to include iad targeting options trading municipal bonds. Default will be to include insured bonds.
Income Amount The amount you receive as a result of a payment from an annuity. A fund also passes along your share of the profits it makes when it sells securities for a higher price than it paid for them. You may choose to have these distributions sent to you or you may want to reinvest them.
Distributions are subject to federal tax, and may also be subject to state or local taxes. Your distributions are taxable when they are paid, whether you take them in cash or reinvest them. Income Source When creating a bond ladder, this indicates the source of the funding by the issuing iad targeting options trading for municipal bonds. Income Value Per Unit The value of an investment in a variable annuity contract.
The investment is measured in units which rise and fall each business day depending upon the investment's performance. Increases Last 5 Years The number of times the amount of the dividend increased within the last five years.
Increment The quantity in which additional bonds can be purchased beyond the initial investment quantity. Incremental Investment This refers to the incremental amounts at which you can buy additional fixed-income securities e. Index An index is used to measure the changes in particular types of securities' iad targeting options trading e. Major stock market indexes include where the text in parenthesis is the trading symbol for the index:.
In a chart, you can select an index and compare the change in its value against the changes in value for a particular security. The PPN tracks the rise and fall of a particular index and offers a return that is some percentage of the index's appreciation as outlined in the PPN's prospectus. Index Funds A passively managed, limited-expense advisor fee no higher than 0. Index's Full Name and Symbol The name of the index e. Index symbols begin with a period e. The percent gain of the index equals the index level at the PPN's maturity minus the index start level divided by the index start level.
Assuming the index appreciates over the life of the PPN, the PPN will deliver a return equal iad targeting options trading the percentage appreciation of the index multiplied by the Participation Rate. IADs are sourced from third party vendors and are derived using either a historical methodology HM or a projected methodology PMdepending on available information. The PM annualizes the most recent regular cash dividend. The HM accumulates the regular cash dividends paid over the past twelve months.
If there is less than one year of dividend history, the accumulated dividends are annualized. The HM or PM figure, whichever is calculated, is iad targeting options trading multiplied by the reported quantity of the security. See calculation examples below.
ABC common stock had 4 cash distributions in last 12 months: ABC Mutual Fund had 3 cash distributions in last 12 months: Indication of Interest A specific type iad targeting options trading order, for a new issue security, submitted by a customer to let Fidelity know that they want to become eligible to receive an allocation of a new issue. Information submitted includes the brokerage account from which the funds to pay for the securities will be deducted, the security's CUSIP, and the maximum iad targeting options trading of securities that the customer would be willing to purchase.
By placing an indication of interest, customers are expressing their desire to participate in a new issue offering. Unless the order is cancelled by the customer, they will participate in the allocation process, allocations may be made in whole, in part, or not at all.
Updates regarding the order are sent to the customer as an alert that is sent by email or viewable in the Service Message Center. Indication of Interest Confirmation Number The unique number that identifies a confirmation for an indication of interest in a new issue fixed-income e. Use this number when inquiring about the indication of interest.
Indication of Interest Reference Number The unique number that identifies a particular indication of interest in a new issue fixed-income offering e. Individual Directed Brokerage Account An institutional brokerage account you opened with Fidelity through a Registered Investment Advisor that you are actively managing yourself. Morningstar is an independent third-party provider.
The Morningstar sectors include:. Unknown represents securities for which the industry sector information is not known. For example, if a mutual fund buys shares of a stock through an initial public offering IPOinformation on the industry sector within which the stock would be categorized may not be available.
Morningstar also iad targeting options trading underlying securities information for mutual funds. The holdings information includes the securities held in the fund and industry sector information. Inflation Risk The possibility that iad targeting options trading value of assets or income will decrease as inflation shrinks the purchasing power of a currency. Inflation causes money to decrease in value at some rate, and does so whether the money is invested or not.
Inflow The value of cash and shares flowing into the core position of your Fidelity Retirement Income Account. This value is calculated after market close of the prior business day. It is based only on settled trades. Iad targeting options trading intent is to show inflows available for spending, so the amount is adjusted to exclude flows that are subsequently used to purchase securities.
Because the adjustment occurs when the security is purchased or the cash or shares are moved to another account, inflows can be volatile if money is being positioned for security purchase. The company will thereafter be traded on an iad targeting options trading or in a market e. It is calculated as total shares owned by institutions divided by total shares outstanding multiplied by Insured This refers to municipal bonds where the repayment of the principal and payment of iad targeting options trading interest is guaranteed by a third-party a party other than the issuer.
The insurer guarantees the payment of principal and coupon interest in the event that the issuer fails to do so.
Insurer A third party ie: Assured Guaranty Corp, Build America Mutual and Assured Guaranty Municipal Corpother than the issuer, who guarantees the repayment of the principal and payment of coupon interest of a municipal bond in the event the issuer fails to do so, subject to the claims paying ability of the insurer.
Historically, the insurer's credit rating was higher than the bond issuers. The credit crisis of recent years resulted in the downgrading of many iad targeting options trading insurers and the bankruptcy of others. The Insured or wrapped rating is Moody's assessment of a particular bond's credit quality given the credit enhancement provided by a financial guarantor insurer.
Moody's insured ratings apply a credit substitution methodology whereby the credit rating matches the higher of iad targeting options trading the guarantor's insurer's financial strength rating and ii any published underlying or enhanced rating on the security. Therefore, in cases where the guarantor's or insurer's financial strength rating is lower than the underlying or enhanced rating, the Insured Rating will not reflect the insurer's rating, but will reflect the underlying or enhanced rating on the security.