put/call level

Discussion in 'Options' started by Lands, Jun 20, 2008.

  1. Lands


    Hello all,
    As a begginer, I ran into a term which I am not familiar with. and was hoping to get some help:

    In general- what is the "put/call level"? and more specificly- what is the relation between the level and the moneyness?

    Thanks in advance,