At The Money
An option is at-the-money if the strike price of the option equals the market price of the underlying security. Investopedia Says:
For example, if XYZ stock is trading at 75, then the XYZ 75 option is at-the-money. You can essentially think of this as the break-even point (when you don't take into account transaction costs). Related Terms:
Deep in the Money
In the Money
Moneyness
Option
Out of the Money
Reprice
Spring Loading
Strike Price Automated Teller Machine (ATM)
An electronic banking outlet, which allows customers to complete basic transactions without the aid of a branch representative or teller.
There are two primary types of automated teller machines, or ATMs. The basic units allow the customer to only withdraw cash and receive a report of the account's balance. The more complex machines will accept deposits, facilitate credit card payments and report account information. To access the advanced features of the complex units, you will usually need to be a member of the bank that operates the machine. Investopedia Says:
ATMs are scattered throughout cities, allowing customers easier access to their accounts. Anyone with a debit or credit card will be able to access most ATMs. Using a machine operated by your bank is usually free, but accessing funds through a unit owned by a competing bank will usually incur a small fee. Related Terms:
Bank
Checking Account
Credit Card
Debit Card
Savings Account |