An option is said to be deep in the money when its exercise price is significantly below (for a call...

The state of a derivative (swaps, options, etc.) being in a heavily losing position. In case of options, this implies...

The elasticity of an option where its value increases (for a call) and decreases (for a put) one-for-one with the...

A call option with a strike price being below the net amount of its underlying’s market price minus the premium,...

A call option whose strike price, at a given point in time before or at expiration, is equal to the...

An option which has a strike price equal or approximately equal to the underlying asset's price. There is little or...

An exotic option which offers a guaranteed payout if the underlying breaks through a preset price/rate at a specific point...

The relation between the strike price of a derivative (option) and the price of the underlying asset. That is, moneyness...

It stands for deep in the money; an option is said to be deep in the money when its exercise...

An abbreviation for at-the-money spot; the situation in which the strike of an option is set equal to the spot rate (e.g., FX...