ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
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What is Out-of-The-Money (OTM)?
Out-of-The-Money (OTM) An option with no intrinsic value. For calls: stock price below strike. For puts: stock price above strike. OTM options are cheaper but less likely to profit.
Complete definition
An option with no intrinsic value. For calls: stock price below strike. For puts: stock price above strike. OTM options are cheaper but less likely to profit.
Example
AAPL at $150. The $160 call is $10 out-of-the-money.
Related terms
ApexVol Terminal
Options analytics, live.
Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.
- Live chains and Greeks
- IV rank and percentile
- Expected move and GEX
- Screener and strategy P&L
Free on AAPL, no account. Trial: no charge if you cancel before it ends.
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