OTM, or Out of the money, is an expression that refers to an option that only contains extrinsic value.&nbsp;A call option is OTM if the strike price is above the price of the equity in question.&nbsp;Example: With AAPL trading at $182.50 a 190C would be ‘out of the money.’&nbsp;A put option is OTM if the strike price is below the price of the equity in question.Example: With AAPL trading at $182.50 a 175p would be ‘out of the money.’&nbsp;An option can also be <a href="https://unusualwhales.com/glossary/ITM">in the money (ITM)</a> or at the money (ATM).

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Theoretical Value

Book Value

Market Capitalization (Market Cap)

Mutual Fund

Par Value

Volatility Index (VIX)

Price-to-Earnings Ratio

Yield Curve

Value Stock

Treasury Note (T-Note)

Treasury Bond (T-Bond)

Treasury Bill (T-Bill)

Stock Split

Short Selling

Short Interest

Risk Tolerance

Revenue

Recession

Synthetic Short

Synthetic Long

Synthetic Position

Over-the-Counter (OTC) Market

Money Market Fund (MMF)

Stop Order

Market Order

Limit Order

Interest Rate Risk

Periscope FAQ

How To Interpret Periscope Net Gamma Exposure

Quick Custom Alert Presets

Institutional Investor

Retail Investor

IPO (Initial Public Offering)

Hedge Fund

Growth Stock

Futures Contract

Fundamental Analysis

Technical Analysis

Float

Short Squeeze

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