Out-Of-The-Money Option

Business / Finance / Out-Of-The-Money Option: 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.

Other Words for Option

Option Noun Synonyms: choice, selection, alternative, recourse, opportunity, way out
Option Adjective Synonyms: choice, privilege, election, opportunity, chance
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Option Mutual Fund

Business / Finance / Option Mutual Fund: A mutual fund that buys and sells options for aggressive or conservative investment. MORE

Option Not To Deliver

Business / Finance / Option Not To Deliver: In the mortgage pipeline, an additional hedge placed in tandem with the forward or substitute sale. MORE

Option Offense

Entertainment / Football / Option Offense: An offense heavily relying upon the option run and variations thereof. MORE

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