Complex sentence: Though the above is a traditional way of calculating ITM, OTM and ATM, some new authors find the comparison of strike price with current market price meaningless and recommend the use of Forward Reference Rate instead of Current Market Price.
Split into simpler sentences: Though the above is a traditional way of calculating ITM, OTM and ATM. Some new author's find the comparison of strike price with current market price meaningless and they use Forward Reference Rate instead of Current Market Price.