At-the-money: Difference between revisions
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As they once said of New Zealand cricketer Bob Cunis, neither one thing nor the other. Neither in [[in the money|the money]] or [[Out-of-the-money|out of it]]. All square. | As they once said of New Zealand cricketer Bob Cunis, neither one thing nor the other. Neither in [[in the money|the money]] or [[Out-of-the-money|out of it]]. All square. | ||
an arm’s-length transaction will start out life [[at-the-money]] and, when the last payments have been made, will finish there too, but will usually spend the rest of its time swinging wildly [[in-the-money]] and [[out-of-the-money]]. | |||
{{moneyness}} | {{moneyness}} | ||
Revision as of 13:27, 25 February 2019
As they once said of New Zealand cricketer Bob Cunis, neither one thing nor the other. Neither in the money or out of it. All square.
an arm’s-length transaction will start out life at-the-money and, when the last payments have been made, will finish there too, but will usually spend the rest of its time swinging wildly in-the-money and out-of-the-money.
See also
- Flawed asset
- The moneyness hokey-cokey: in-the-money, out-of-the-money and at-the-money
- Options