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Near the money (NTM) - Financial definition

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Translations:      FR  proche de la monnaie (loc.)     ES  cerca del dinero (loc.)     DE  nahe am Geld (loc.) 
Synonym:  close to the money

Concise definition of the term near the money

Term referring to options where the strike price is very close to the price of the underlying asset. These are basically option contracts that are either slightly in the money or slightly out of the money.

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