Multiple choice

Which of the following terms is not related to banking?

  1. Dormant

  2. Pay in slip

  3. Overdraft

  4. At-the-Money

  5. Debit card
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

At-the-Money is related to stock market. A situation where an option's strike price is identical to the price of the underlying security. Both call and put options will be simultaneously "at the money." For example, if XYZ stock is trading at 75, then the XYZ 75 call option is at the money and so is the XYZ 75 put option.

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