At the Money　　

当期权的行使价非常接近标的资产的市价时，期权即处于平值状态。平值期权实际上可以是处于略为价内或价外的状态。标的资产是指行使期权时可以买进或卖出的资产。

参见In the Money（期权价内(实值)状态）， Option（期权）， 　Out of the Money（期权价外状态）。

An option is described as being at the money when the exercise price is approximately the same as that of the underlying instrument. 'At the money' options may also be either in or out of the money. The term is used to describe the exercise price nearest to the actual trading price of underlying financial instrument on which the option is based..