ITM = In The Money
An option that already has value based on the current stock price.

ER = Earnings Risk
The potential price movement due to a company’s earnings report.

S/L = Stop Loss
A set price where you exit a trade to limit losses.

AH = After Hours
Trading that happens after the normal market closes.

🔍 Chart & Strategy Terms

Support
A price level where a stock tends to hold and bounce—it likely won’t fall below this area.

Resistance
A level where the stock struggles to break through—it often rejects here.

Swing
Holding an option position overnight or longer, aiming for a larger move.

PT = Price Target
The expected price you're aiming for on your trade.

Average Down
Buying more of a position after it drops, to lower your average cost.
⚠️ Only do this if your analysis supports the trade.

🛡️ Risk Management & Advanced Terms:

Hedge
Taking the opposite position to reduce risk.
Example: Holding calls, you might buy puts to hedge against downside.

Lotto
A high-risk, same-day option trade—can expire worthless or explode in value.
🎰 Use with extreme caution.

Short Covering
Buying shares to close out a short position.

Short Squeeze
A sharp move up in price as short sellers are forced to buy shares to cut losses, pushing the stock even higher.

Short Interest
The % of shares sold short and not yet covered.
🧨 High short interest (20%+) can signal a potential short squeeze.