| At the Money | |
 An option is at-the-money if the strike price of the option equals the market price of the underlying security. |
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 For example, if XYZ stock is trading at 75, then the XYZ 75 option is at-the-money. You can essentially think of this as the break-even point (when you don't take into account transaction costs). |
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 Options Basics Tutorial - An introduction to the world of options, covering everything from primary concepts to how options work and why you might use them. Alternatives to Closing Below Intrinsic Value - Understanding how options work and the markets they trade in will help you get a better price for your option. |
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Related Terms
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