at-the-money

One indication is so-called "at-the-money" options, or the puts and calls with strikes nearest to the stock's value.

Traders Find Little Discount In Groupon's Debut Chris Dieterich 2011

Suppose that we have an at-the-money three-month option today with a strike price of $X.

Mortgage Depreciation, Arnold Kling | EconLog | Library of Economics and Liberty 2009

On average, an at-the-money option that has "aged" will be more valuable than a new at-the-money option of the same time to maturity.

Mortgage Depreciation, Arnold Kling | EconLog | Library of Economics and Liberty 2009

The at-the-money option is the one closest to the current market price.

' Brendan Conway 2010

The trader also could be taking advantage of the "skew" in Halliburton options, whereby the implied volatility of out-of-the-money put options is relatively high when compared with the implied volatility of at-the-money put options, said Richard Gatto, an equity derivatives trader with Meridian Equity Partners.

Halliburton, Marvell Lure the Bears 2010

When calculating the numbers, Trade Alert tracks the implied volatility readings of at-the-money calls and puts.

Options Traders Bracing for More Financial Curves 2009

"Traders may roll puts to higher strikes and longer-dated months so that they can maintain exposure to a position and not be as exposed to the accelerating time decay that comes with shorter-term, at-the-money or out-of-the-money options," said Todd Salamone, vice president of research for Schaeffer's Investment Research.

Traders Tinker With Pfizer, Merck to Lock In Gains 2009

On the other hand, a truly bearish speculator would most likely buy a put that is at-the-money, or perhaps slightly in-the-money.

Peek Ahead With The Put-Call Ratio 2009

Investors who want to pursue a stock-replacement strategy should look to buy at-the-money call options that expire in about three months, such as contracts that expire in October, Mr. Becker said.

Time for Stock Replacement 2009

On the flip side, the price of median at-the-money put options -- which convey the right to sell a company's stock for the price at which it trades -- falls by 63%.

Joining the S&P 500 2008