out of the money
An option contract that has not yet earned a paper profit. For a call option, out of the money means that the underlying asset is trading above the strike price. For a put option, the term indicates that that it is trading below it. Compare to in the money.
Browse by Subjects
strangle
volatility smile
Cabinet Trade
Hedge Wrapper
option premium
See All Related Terms »

annuitant
dollar millionaire
state
redemption value
momentum investor