Shale Acreage = Out of the Money Options [Gaille Energy Blog Issue 25]
- Posted by scottgaille
- On May 9, 2016
- 0 Comments
“Out of the money (OTM) is a call option with a strike price that is higher than the market price of the underlying asset. . . . An out of the money option has no intrinsic value, but only possesses extrinsic or time value.” – Investopedia As buyers evaluate shale packages in bankruptcies and foreclosures, […]
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