Still, as he had confessed, his temperament inclined him to retroactive investigation. But a person who cannot take this oath, retroactive though it be, must have been a traitor. This term is never used in civil law, but the term retroactive statute expresses the same idea.
What is 'Price Action'. Price action is the movement of a security's price. Price action is encompassed in technical and chart pattern analysis, which attempt to find order in the sometimes seemingly random movement of price. Swings (high and low), tests of resistance and consolidation are some examples of price action.
Option Functions. A stock option gives you the right to purchase shares at a preset price. In market terminology, the price at which you can exercise an option is called the strike price. So if you hold an option with a $25 dollar strike price, if you exercise the option, you will pay $25 per share. It does not matter where the actual market price of the shares currently sits. You can see that an option will get more valuable as the underlying stock price increases.