A call option is 'out of the money' if the strike price is greater than the market price of the underlying security. That is, you have the right to purchase a security at a price higher than the market price, which is not valuable. A put option is out of the money if the strike price is lower than the market price of the underlying security.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfgloso.htm
A call option is out-of-the-money if the strike price is greater than the market price of the underlying security. A put option is out-of-the-money if the strike price is less than the market price of the underlying security.
Found on
http://www.encyclo.co.uk/local/20047
A call option is out of the money if the strike price is greater than the market price of the underl
Found on
http://www.encyclo.co.uk/local/22402
No exact match found.
