Out of the money If an option is «out of the money» it is usually not worth exercising given the current market price of the underlying asset. (daytrading.com)
The primary motivation of this investor is to realize financial reward from a decrease in price of the underlying security. (capitaloneinvesting.com)
If the market price of the underlying stock lands between $ 35 and $ 45, all options expire worthless. (creditdonkey.com)