Out of the money (OTM) is term used to describe a聽call option聽with a聽strike price聽that is higher than the聽market price聽of the underlying asset, or a聽put option聽with a strike price that is lower than the market price of the聽underlying asset.聽
otm option即虚值期权，又称价外期权，是指不具有内涵价值的期权，即敲定价高于当时期货价格的看涨期权或敲定价低于当时期货价格的看跌期权。
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