Definitions for "AT-THE-MONEY"
An option with a strike price equal to the current price of the instrument, such as a stock, upon which the option was granted.
an option those strike price matches the underlying current price
An option is at-the-money when the underlying market price equals the strike price. ack and Fill A market that moves in a trend faster than seems justified for that time span, and often pauses and trades sideways to let time square with the price.