OPEN POSITION
(Coffee Market)
Relating to a traders position whether “long or short” of a market. Open position of the whole market is quoted by the exchanges.
OPTION
(Coffee Market)
A system whereby the buyer pays for the right to decide whether or not to take up a contract prior to date of termination. Buyer of “put” or “call” has the right, not the obligation to sell or buy a futures contract at the strike price. Seller of opt
ORIGINS
(Coffee Market)
The countries in which the commodity is grown or produced.