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Out-of-the-Money

June 8, 2018 - -

Term referring to an option that has no intrinsic value. Call options are out-of-the-money if the spot price is less than the strike price; put options are out-of-the-money if the spot price is greater than the strike price. See also At-the-Money In-the-Money Intrinsic Value Near-the-Money Time Value

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