Forgive me for these very basic questions as I have very little knowledge of options. Could someone please answer the following for me: 1. At-the-money options: Is this defined as all options above the strike or is there a limit? Say, the stock trades at 50, are options struck at 5 considered at-the-money or simply in-the-money (can you explain the difference)? What's the precise definition of at-the-money? 2. How can I find the IV for at-the-money options - does esignal offer this on some sort of quote sheet? I use esignal, but have never bothered to look it up (just trying to save myself an hour here). Thanks!