At the Money

At the Money

An option contract with a strike price exactly equal to the price of the underlying asset. In this situation, the option contract has no intrinsic value. However, it can easily develop an intrinsic value if the option becomes in-the-money. At-the-money options are extremely volatile because they can become in-the-money or out-of-the-money quickly.
References in periodicals archive ?
"The only way to clean up the system is not to look only at the money; you need to fix the whole campaign process, to come up with a system where money doesn't influence the election.
As in 1988, loans to foreign governments declined more slowly at the money center banks.
TRENDS IN PROFITABILITY Commercial banks of all sizes enjoyed improved profitability last year, although large banks did best and sectoral differences remained.(4) At the money center banks, a return on assets of 1.06 percent was about double their performance in any recent profitable year and well above the previous peak, reached in the early 1970s.