Category Archives: U-Z


A straddle is an investment strategy that involves the purchase or sale of an option allowing the investor to profit regardless of the direction of movement of the underlying asset, usually a stock. Read this article for details on the two straddle strategies: a long straddle and a short straddle.

Strike Price

Strike Price is the price at which an option can be exercised to buy or sell the underlying stockĀ  or futures contract.

Uncovered Call

A short call option position where the writer does not own the specified number of shares specified by the option nor has deposited cash equal to the exercise value of the call.


“Unemployment” is a major economic indicator measuring how much of the working population is currently looking for a job. Read this article to learn about who can be categorized as unemployed, how it is link to discrimination, and for a description of a few of the types of unemployment.

Unsystematic Risk

Unsystematic Risk isĀ the risk that is unique to a company such as a strike, the outcome of unfavorable litigation, or a catastrophe that affects its production.


Variance is how far away from the average numbers are. The higher the variance, the farther away most numbers are from the group’s average. Read this article to learn how the variance is calculated, and what it is used for.


Volume is the quantity of shares/contracts of a security that is traded within a specific time period.

Volume Weighted Average

In finance, Volume-Weighted Average Price (VWAP) is a ratio of the profit traded to complete volume traded over a distinct time horizon – normally one day. It’s a portion of the average price a stock traded at over the trading horizon.

Wall Street

“Wall Street” is a street in New York City, near the southern end of Manhattan Island. It is the home of the New York Stock Exchange, and the biggest center of stock trading and finance in the world. Read this article for a description of its history.


“Wealth” means having an abundance of something desirable. This can be tangible, like money and property, or intangible. Click on this post to read about the differences between tangible and intangible wealth, and how wealth can be built.