Question Details

	Username: Andrew Rating: Asked to: Jun Wang Date Created: 04 May 2016
Category	17
Tag	Financial
Question	What is an 'Axe'?

Advice from Guru

Hi Andrew,

An axe is the interest that a person or trader shows in buying or selling a financial security. There are many reasons why someone would have a particular interest in a security. If a trader holds a long position but has short-term concerns, that trader's "axe" toward short-term put options may be significant. Also used as a colloquial expression to indicate job cuts or layoffs.

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