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A Limit-on-close (LOC) order will be submitted at the close and will execute if the closing price is at or better than the submitted limit price.Definitions for key options terminology such as long vs. short positions, strike price, in-the-money, assignment and other terms.KeyOptions. Technology innovation for smart cities commercial & security services. Menu. Home; Home. KeyOptions is currently undergoing a complete Web site upgrade.

Detailed explanations of the key terms and phrases that are used in options trading, and important for options traders to understand.

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