OPRA, which stands for Options Price Reporting Authority, is responsible for gathering and distributing data on the prices of options traded on U.S. exchanges. Its purpose is to provide investors with the necessary information to make well-informed choices when it comes to buying and selling options.
OPRA, which stands for Options Price Reporting Authority, is an organisation that offers real-time options trading data and information to investors. For instance, if you are considering purchasing a call option on a particular stock, you can utilise OPRA to view the current market price of that option. This allows you to make an educated decision on whether or not to proceed with the purchase. In summary, OPRA serves as a valuable tool for options traders, providing them with updated information on option prices to aid in their buying and selling decisions. The provided example demonstrates how an investor can utilise OPRA to access the current market price of an option they are interested in purchasing.
OPRA stands for the Open Public Records Act, which is a state law in New Jersey that gives the public the right to access government records and documents.
You can request a wide range of records, including government contracts, meeting minutes, emails, and other documents that are considered public records.
You can make an OPRA request by submitting a written request to the custodian of the records you are seeking. Many government agencies also have online forms for submitting OPRA requests.
Yes, there may be a fee for making an OPRA request, which can vary depending on the type and amount of records you are requesting.
The government has seven business days to respond to an OPRA request, either by providing the requested records or by explaining why they cannot be provided.
Yes, the government can deny an OPRA request if the requested records are exempt from disclosure under the law. However, they must provide a specific reason for the denial.
Yes, if your OPRA request is denied, you have the right to appeal the decision to the Government Records Council.
Yes, once you receive the records through an OPRA request, you are free to use them for any lawful purpose.
Yes, there are restrictions on the use of certain records, such as personal information or confidential business information, which may be subject to privacy or trade secret laws.
Yes, if the government does not comply with your OPRA request, you have the right to file a lawsuit in court to compel them to provide the requested records.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
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