@itsziye：I believe “near-the-money” options are ones where the options’ strike price is near to the market price of the stock. In the table, the market price of the stock is represented by the line between 240 and 245, meaning the market price of the stock is somewhere in between. As for “near-term”, it means that the option’s expiry date is relatively close to the date that you purchased it, I assume within a month or so.