Assertion: call's option | /r/HasProperty | atm
Facets:
Source sentences:
text: An at-the-money option (ATM) is one whose strike price equals (or nearly equals) the stock price.
text: When the option is ATM, or more precisely, has a delta of 0.50 (-0.50 for puts) then there is an equal chance that the option will be in the money at the expiration date i.e. That the stock will be trading higher than the strike price for the call option or lower than the strike price for the put option.