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Glossary

Warrant

A certificate issued by a company that gives the holder the option of buying stock shares at a specific Strike price until expiration.

Wedge

A price chart pattern comprised of two converging lines that connects high and low points on a chart that appears as a triangle.

Weighted Average

A mathematical average calculated from the multiplication of each data element by a value representing its importance.

Weighted Close

A technical indicator that calculates the average change in a security’s price by applying more value towards the closing prices of that security.

Writer

The option contract’s seller.