Flat

The term “flat” has several common uses related to trading. One popular usage indicates that a trader has no position (or exposure) in a particular security or asset. “Flat” can also be used to describe a position that has minimal directional exposure. Lastly, “flat” may be used to indicate that the price of a security or asset has been trading in a tight range (i.e. trading “flat”).

This is a definition, not a recommendation. Options carry risk and can expire worthless. See how the desk actually trades at TrueTrader.