A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
At the Money
An option is said to be at the money when the exercise price or strike price is the same as that of the underlying instrument. The intrinsic value of the option is zero. But the price paid for it may still be worthwhile as the holder is able to decide whether or not to exercise it. This could be a considerable benefit at times of market volatility.
See also: Out of the Money, In the Money