所以,对于callable bond来说,它的隐含option在利率低的时候,是in the money,在利率高的时候,是out of the money;对于putable bond来说,它的隐含option在利率高的时候,是in the money,在利率低的时候,是out of the money。 对于callable 和putable来说,如果行权,也就是他们的隐含期权处于in the money的状态,那...
"Out of the money" (OTM) 是一个金融术语,用于描述期权合约的一种状态。具体来说,它指的是期权合约目前没有内在价值,只有时间价值或外在价值。以下是关于OTM期权的一些关键点: 1. **内在价值与外在价值**:期权的价值由内在价值和外在价值组成。内在价值是指期权执行时能够立即实现的利润,而外在价值(也称为时...
out-of-the-money option指价外期权或虚值期权 虚值期权，又称价外期权，是指不具有内涵价值的期权，即敲定价高于当时期货价格的看涨期权或敲定价低于当时期货价格的看跌期权。如果把企业的股权资本看作是一种买方期权，则标的资产即是企业的总资产，而企业的负债值可看作是期权合约上的约定价。期权的有...
当股价S<10元/股时,期权处于out of the money状态,期权持有人不会行权。 当股价S=10元/股时,期权处于at the money状态,处于行权的临界点。 put option,X=10元/股, 当股价S<10元时,期权处于in the money状态,行权以高于市场价的10元/股卖出股票会获利。 当股价S>10元时,期权处于out of the money状态...
Out-Of-The-Money Definition of "Out of the money" and "out-of-the-money" A call option is said to be out of the money if the current price of the underlying stock is below the strike price of the option. A put option is said to be out of the money if the current price of th...
An out of the money put option has exercise price lower than the price of the underlying asset. The holder of a put option is interested in selling the underlying asset. If he can sell the asset in market at a price that is higher than the price promised by the option contract, why ...
在期权交易中,"In the Money"(ITM)、"At the Money"(ATM)和"Out of the Money"(OTM)是用来描述期权行权价格与底层资产(例如股票)当前市场价格之间关系的术语。 1. In the Money (ITM, "在价内"): ·对于看涨期权 (Call Option):如果底层资产的当前市场价格高于期权的行权价,那么这个期权就被称为在价...
Out-of-the-money option A call option is "out of the money" if the strike price is greater than the market price of the underlying security. That is, you have the right to purchase a security at a price higher than the market price, which is not valuable. A put option is out of ...
Out of the Money Qiquan jiawai zhuangtai 当标的资产的市价低于看涨期权(call)的行使价或高于看跌期权(put)的行使价时，该期权即处于价外状态。标的资产是指行使期权时可以买进或卖出的资产。参见In the Money（期权价内状态）。At the Money（期权平值状态）Option（期权）An option is described as being ...