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Tip of the Day Make Your Home More Energy Efficient

Make Your Home More Energy Efficient - There are many ways to save money around your home. These can range anywhere from insulating your hot water tank to prevent...

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At the Money

Definition: An option is at the money when its strike price matches the price of the underlying stock.Advice: For example, if you bought a call option on XYZ with a strike price of $35/share when the stock was at $30/share, it'd be out of the money (worthless).  If the stock rose to $35/share, though, it'd be at the money.If you ignore transaction costs (the premium you pay to buy the option), the point where an option is "at the money" is the breakeven point.

 

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Definition of the Day Little Board

Little Board - Little Board is a slang term referring to the American Stock Exchange (AMEX). It also described any exchange that is not the New York Stock Exchange (NYSE). Little board was to refer to the New York Consolidated Stock and Petroleum Exchange, which closed its doors in the...

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