Chapter 03 · Section 3.1
At-the-Money
LISTED U.S. OPTIONS The Wall Street Journal
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Wednesday June 12, 1995 3:00 p.m. New York Time
Prices of all options. Sales unit usually is 100 shares.
Security description includes exercise price.
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CBOE Strike Calls-last Puts-last
Price
Jun Jul Aug Jun Jul Aug
Coke 45 r r r s 1/4
54 1/4 50 r r r r 5/8
54 1/4 55 5/8 2 1/4 15/16 1 11/16 2 1/8
54 1/4 60 7/8 r 6 1/4 6 1/4 r
Are there at-the-money options listed in this table?
a) yes
b) no
An option is at the money if the market price of the underlying is equal to the exercise price.
An at-the-money option is an option with the strike price equal to the price of the underlying asset.