Attorney-in-fact

An attorney-in-fact is someone who has the legal power to act for another person. The power is given in a written document called a power of attorney. The person who gives the power is called the principal. The attorney-in-fact is also called an agent. What an attorney-in-fact can do An attorney-in-fact can do many things…

What is At-the-Money

At-the-money. Sounds like gibberish, right? But wait! It’s actually a super important idea in the wild world of options trading. Strap in, because we’re about to break it down in a way that’s so easy to understand, you’ll be wondering why they make it sound so dang complicated! Options 101: A Quick Refresher Before we…