Finance

At the money, which is also known as an ATM, is a situation where the option's strike price is the same as the underlying security's current market price.In other words, an ATM can be defined as calls and puts whose strike price is at or very near to the current market price of the underlying stock or security.ATM is also referred to as on-the-money.For example, if … [Read more...] about At The Money (ATM)

Out of the money, which is also known as OTM, is a term used for an option contract that only contains extrinsic value. This means, it's an option contract which has no intrinsic value, only extrinsic value.We have two types of Out of the money options;OTM call optionOTM put optionIn an OTM call option, the strike price of the out of the money contract should be … [Read more...] about Out of the Money (OTM)

Bag holder is an informal term used to describe an investor or trader who holds on to a position in a stock or in any other financial security that decreases in value for an extended period until price goes to zero.Generally beginners or novice traders get into poorly-performing penny stocks or out-of-the-money (OTM) options hoping they will rebound to double or triple … [Read more...] about Bag holder

The term "block of assets" means a group of assets falling within a class of assets comprising—(a) tangible assets, being buildings, machinery, plant or furniture ;(b) intangible assets, being know-how, patents, copyrights, trade-marks, licences, franchises or any other business or commercial rights of similar nature, not being goodwill of a business or … [Read more...] about Block of assets