Over-the-counter option

Over-the-counter options, such as those offered by government and mortgage-backed securities dealers. ...

Over-the-Counter Option
An option traded off-exchange, as opposed to a listed stock option. The OTC option has a direct link between buyer and seller, has no secondary market, and has no standardization of striking prices and expiration dates.

Dealer options Over-the-counter options, such as those offered by government and dealers.

OTC options
See over-the-counter options
Out of the money
When the exercise price is above (in the case of calls) or below (in the case of puts) the current market price of the underlying security. That is, it has no intrinsic value.

While a master's student at Cal Tech, he actively traded stocks, convertible bonds, warrants, and over-the-counter options at a local brokerage house before going off to his morning classes.

There are a number of different types of options, including exchange-traded options, over-the-counter options and employee stock options. Exchange-traded options are options that are listed on exchanges.

Dealer Options definition :
Over-the-counter options, such as those offered by government and mortgage-backed securities dealers.
FTSE 100, S&P 500 All In One ...

A put or call traded on a national options exchange. In contrast, over-the-counter options usually have non-standard or negotiated terms.
>> LME
London Metal Exchange ...

Counterparty
The customer or bank with whom a foreign exchange or over-the-counter options deal is made. The term is also used in interest and currency swaps markets to refer to a participant in a swap exchange.

The term also refers to private label or agency securities, pass-throughs, or derivatives such as Collateralized Mortgage Obligations. It can refer to the Over-the-Counter options on mortgage backed securities as well.

geographically dispersed dealers are linked by telephones and computer screens. The market is for securities not listed on a stock or bond exchange. The NASDAQ market is an OTC market for US stocks. Antithesis of listed.
Over-the-Counter Option ...

Under specific circumstances, listed options will be exercised automatically at expiration unless the owner gives instructions not to exercise them. Unlike the standard term of listed option, the expiration date of an over-the-counter option is ...

See also: Exercise price, Option price, Time Value, Internal rate of return, Option premium