Notes
The following abbreviations will occasionally be used:
ATM = at-the-money (underlying security trades close to the strike price)
OTM = out-of-the-money (underlying security trades below the strike price of a call or above the strike price of a put)
ITM = in-the-money (underlying security trades above the strike price of a call or below the strike price of a put)
DITM = deep in-the-money (underlying security trades far above the strike price of a call or far below the strike price of a put)
DOTM = deep out-of-the-money (underlying security trades far below the strike price of a call or far above the strike price of a put)
Sqrt = Square root
StdDev = Standard deviations
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