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bullet trade

From Wiktionary, the free dictionary

English

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Etymology

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bullet +‎ trade, implying the high velocity of a bullet during trading.

Pronunciation

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Noun

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bullet trade (countable and uncountable, plural bullet trades)

  1. (business, finance) A secondary market trade involving the purchasing of an underlying asset already in the money, allowing the option buyer to capitalize on the move without waiting for the exchange-mandated price change.