An option is said to be at-the-money if the price of the underlying equals its exercise price. In other words its intrinsic value is zero.
The value of an at-the-money option is its option value.
An option is said to be at-the-money if the price of the underlying equals its exercise price. In other words its intrinsic value is zero.
The value of an at-the-money option is its option value.