Out of the money

A Call option whose strike price is higher than the Market price of the Underlying security, or a put Option whose strike price is lower than the Market price of the underlying security.

Related Terms: 12 Call, Call option, ECU, High, Low, Market, Option, Owe, Put, Put option, SEC, Underlying security

Other Related Pages: Category: Options Starting With: O

Additional Related Terms: 10-K, 52-week high, 52-week low, Accrual of discount, Accrued market discount, Agency security, Amortization of premium, Asked price, Asking price, Asset-backed security