On 9/16/2011 7:02 AM, Stefan Behnel wrote:
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Highlighted options are in-the-money.
I don't see any highlighting in your text above,
Gone with the ascii conversion.
and I don't know what you mean by "in-the-money".
If a stock sells now for $20, an option to buy it for $19 is
in-the-money and has definite value while an option to buy it for $21 is
not, but is out-of-the-money and only has value according to one's
subjective estimate of the likelihood of a rise above $21 before the
option expires.
--
Terry Jan Reedy
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