|
|
|
|
O
Out of the Money
Refers to an option that has no intrinsic value because the current underlying price is below the strike price of a call or above the strike price of a put. For example, a put at $100 when stock is selling at $105 is said to be 5 points out of the money. See also At the Money, In the Money.
|
Glossary *
O
|