Similarly, a put option is the right to sell an asset at the strike price on or before the expiration date. When you expect the price of the asset to be lower in the future (prior to expiration) you would buy a put option. This is similar to shorting a stock. A bold floral print washed in vivacious color makes this airy chiffon maxi a sun-loving standout. Styled with a decollete neckline, a fitted waist eased with smocking and a floaty A-line skirt, it makes the most of your lovely curves. Brand: CITY CHIC. Style Name:City Chic 'Hot Summer Days' Print High/low Maxi Dress (Plus Size). Style Number: 5145180. Available in stores. On the futures exchange, gold moves in $0.10 increments only. This increment is called a "tick"--it is the smallest movement a futures contract can make. If you buy or sell a futures contract, how many ticks the price moves away from your entry price determines your profit or loss. To calculate your profit or loss (your trading platform will also show you, but it is good to understand how it works) you'll first need to know the tick value of the contract you are trading. KingHuman Elite still isn’t worth the money. Watch him on YouTube. It’s free. I’ll be canceling my membership after I see the Money Pages for December.