Money

This Issue in United States

In the Money

Concept of In the Money in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A position which has intrinsic value, for example a portfolio acquired at a rate which is more advantageous than current market rates.

Resources

See Also

• Derivatives Contract

Out of the Money

Concept of Out of the Money in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): A position which has no intrinsic value, for example one acquired at a rate which is less advantageous than current market rates.

Resources

See Also

• Derivatives Contract

At the Money

Concept of At the Money in the context of derivatives contract, by the International Swaps and Derivatives Association (ISDA): An option (i.e. the right to buy or sell a financial instrument at some agreed conditions) where the exercise price is equal, or very close to, the current market price of the underlying instrument. This option has no intrinsic value.

Resources

See Also

• Derivatives Contract