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
in the money
See All Related Terms »
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):