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leg


Definition
One side of an option spread. A leg may be long or short.

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A Retrospective Look at Priceline.comI'm 46 and I think the world is changing. [Priceline.com is] a great growth company with legs, not a fly by night start up. (Heidi Miller upon joining Priceline.com from her former post as CFO at Citi ... Read more


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