Definitions for

**"In-the-money"****Related Terms:**Out-of-the-money, In the money, In-the-money option, Out of the money, Out-of-the-money option, In the money option, At-the-money, At the money, At-the-money option, Exercise price, Bull spread, Conversion, Strike price, Straddle, Bear put spread, Conversion arbitrage, Bear spread, Price spread, Naked put, Underlying asset, Ratio spread, Vertical spread, Strike, Collar, Intrinsic value, Condor , Time spread, Bull put spread, Bull call spread, Naked option, Protective put, Butterfly spread, Covered call, Calendar spread, Long straddle, Bear call spread, Covered put, Delta hedging, Strangle, Striking price, Index arbitrage, Lookback option, Box, Short straddle, Diagonal spread, Debit spread, Put-call parity, Naked, Put, Implied volatility

Subset of an option series that has a finite intrinsic value that is payed out to the holder at the expiry.

An option which has intrinsic value because the market price of the underlying is above (below) the strike price of a call (put).

Term used when the strike price of an option is less than the price of the underlying for a call option, or greater than the price of the underlying for a put option. In other words, the option has an intrinsic value greater than zero.

Relates to options, all call strikes that are below the current price of the underlying are in-the-money. All put option strikes that are above the underlying are also in the money. If the Nasdaq 100 was trading at 1,200 then all call options with strikes of 1,150 and below and all put strikes of 1,250 and above are deemed to be in-the-money.

A term used to describe an option contract that has a positive value if exercised. A call at $400 on gold trading at $10 is in-the-money 10 dollars.

An option is in-the-money when the underlying contract price exceeds the strike price of the option. Conversely, a put option is in-the-money when the underlying contract price is less than the strike price.

When the exercise price of a call (put) option or warrant is below (above) the current market price of the underlying asset.

An option's equity, or intrinsic value. With a call: The exercise price is less than the market price. With a put: The market price is lower than the exercise price.

An adjective used to describe an option with intrinsic value. A call option is in the money if the stock price is above the strike price. A put option is in the money if the stock price is below the strike price.

The market condition in which the strike price is lower than the market price; the option then has intrinsic value. For example, a call option is in-the-money if the strike price is below the current market price; a put option is in-the-money if the strike price is above the current market price.

Describes an option whose strike price is advantageous compared to the current forward market price of the underlying. The more an option is in-the-money, the higher its intrinsic value and the more expensive it becomes.

Phrase used to describe any option in which there is intrinsic value. See also Intrinsic Value.

If you were to exercise an option and it would general a profit at the time, it is known to be in the money.

When an option or warrant has ‘intrinsic value’, it is in-the-money. For a call option or a warrant, this is when the asset price exceeds the exercise price of the option. For example, a call option on a share with an exercise price of 100p when the share price is 110p is in-the-money. For a put option, it is when the exercise price exceeds the asset price. For example, a put option on a share with an exercise price of 100p when the share price is 90p is in-the-money. See also At-the-Money and Out-of-the-Money.

call options with an exercise price below the underlying share's current market price; put options with an exercise price above the share's market price.

For a call option, the market price of the underlying security is higher than the exercise price. For a put option, the market price of the underlying security is lower than the exercise price.

A call option is said to be in the money when it has a strike price below the current price of the underlying commodity or security on which the option has been written. Likewise when a put option has a strike price above the current price it is said to be in the money.

A term describing any Option whose strike price is lower than the futures price for calls and higher than the futures price for puts.

A situation in which the market price of a futures contract is higher than the exercise price of a call, or lower than the exercise price of a put.

A call warrant is in-the-money when the exercise price is lower than the share price. A put warrant is in-the-money when the exercise price is above the share price. When a warrant is deep in-the-money the relationship between the movement in the warrant price and the underlying asset price is strong and linear.

An option that has intrinsic value. For a call, the option is in-the-money if the current market price of the underlying instrument is above the strike price stated in the call contract. For a put, the option is in-the-money if the current market price is below the strike price stated in the put contract.

a call is said to be "in-the-money" when the value of the underlying instrument is greater than the option strike price. A put is "in-the-money" when its strike price is greater than the value of the underlying instrument.

In the case of a call option, where the exercise price is below the price of the underlying security and in the case of a put option, where the exercise price is above the price of the underlying security.

Refers to an option that has intrinsic value: for example, a call option in which the stock is selling above the exercise price or a put option in which the stock is selling below the exercise price.

A call option is in-the-money when the option's exercise (strike) price is below the market price of the underlying security. A put option is in-the-money when the excercise (strike) price is above the market price of the underlying security, ie an option which is profitable to exercise.

For options, if exercising the option will result in a gain, the option is in-the-money. For a call option, it is in-the-money if the market price of the stock is greater than the exercise price. A put option is in-the-money if the market price of the stock is less than the exercise price.

an option that has intrinsic value. For a call, the strike is below the spot rate. For a put, the strike is above the spot rate.

An option whose strike price (qv) is above the current market price if a put or below it if a call.

A call option whose strike price is lower than the stock or future's price,...

A term used to describe a stock option or stock appreciation right where the value of the shares of stock underlying the option or SAR is greater than the instrument's exercise price.

A call option with a strike price below the underlying equity. A put option with a strike price above the underlying equity.

Occurs if the strike price of a call option is less than the market price of the underlying security. For put options the strike price has to be higher than the market price of the underlying security for it to be in-the money.

An option with intrinsic value. For a Call, that means the strike price will be below the underlying contract price. For a Put, the strike price will be above the underlying price of the currency futures contract.

A call is in-the-money when the market price of underlying asset is greater than the strike price. A put is in-the-money when the market price of underlying asset is less than the strike price.

A call option is in-the-money if the price of the underlying instrument is higher than the exercise/strike price. A put option is in-the-money if the price of the underlying instrument is below the exercise/strike price.

A call is in-the-money when the underlying futures price is greater than the strike price. A put is in-the-money when the underlying futures price is less than the strike price. In-the-money options have intrinsic value.

Relates to options, all call strikes that are below the current price of the underlying are in-the-money. All put option strikes that are above the underlying are also in the money. If Barclays Bank is trading at £5.00 then all call options with strikes of £4.75 and below and all put strikes of £5.25 and above are deemed to be in-the-money

An option becomes in-the-money when the current market rate reaches the exercise/strike price. A call option is in-the money when the spot price is higher than the strike price. A put option is in-the-money when the spot price is greater than the strike price.

A call is said to be in-the-money if its strike price is below the current price of the underlying futures contract. (if the option has intrinsic value). A put is in-the-money if its strike price is above the current price of the underlying futures contract. (if the option has intrinsic value)

When an option is has positive intrinsic value (that is, for a call option, when the price is above the strike, and for a put option, when the price is below the strike).

An option in which the price of the underlying commodity exceeds the strike price of a call or is below the strike price of a put. An in-the-money option has intrinsic value and can be exercised at a profit.

In call options, when the strike price is below the price of the underlying contract. In put options, when the strike price is above the price of the underlying contract. In-the-money options are the most expensive options because the premium includes intrinsic value

Refers to an option with intrinsic value. For example: A call option in which the underlying security is selling above the strike price, or a put option in which the underlying security is selling below the strike price.

A warrant with the strike below (for a call warrant) or above (for a put warrant) the price of the underlying security.

A "call" option is in-the-money if the strike price is less than the market price of the underlying security. A "put" option is in-the-money if the strike price is greater than the market price of the underlying security. For example, an xyz "call" option with a 52 strike price is in-the-money when xyz trades at 52.01 or higher. An xyz "put" option with a 52 strike price is in-the-money when xyz is trading at 51.99 or lower.

Used to describe options that the holder would profit from exercising. Call options are in-the-money when the underlying security's value is greater than the option's strike price. Put options are in-the-money when the underlying security's value is less than the option's strike price.

A call option with a strike price less than the underlying futures price. A put option with a strike price greater than the underlying futures price. A call option with a strike price lower (or a put option with a strike price higher) than the current market value of the underlying commodity for delivery at expiration time.

put option that has a strike price higher than the underlying futures price, or a call option with a strike price lower than the underlying futures price. For example, if the March COMEX silver futures contract is trading at $6 an ounce, a March call with a strike price of $5.50 would be considered in-the-money by $0.50 an ounce. Related: put.

A term describing any option that has intrinsic value. A call option is in-the-money if the underlying security is higher than the striking price of the call. A put option is in-the-money if the security is below the striking price. See also Out-of-the-Money and Intrinsic Value.

A call option with a strike price lower than the price of the underlying asset, or a put option with a strike price higher than that of the underlying. An option with an intrinsic value.

An expression used to denote a securities option with a striking price that is profitable in comparison to the current market value of the underlying stock.

This describes an option with intrinsic value.

An option is in the money if it has intrinsic value. i.e.An in-the-money Call is less than asset price An in-the-money Put is more than asset price.

A call warrant is in-the-money when the underlying share price is above the exercise price of the call warrant, i.e. the call warrant has intrinsic value

An option with positive intrinsic value. Call Option: Exercise price current futures price Put Option: Exercise price current futures price

An option is considered to be in-the-money when, in the case of a call, the callâ€(tm)s strike price is lower than the price of the stock. In the case of a put, a put is considered to be in-the-money when the putâ€(tm)s strike price is higher than the price of the stock.

A call option with a strike price lower, or a put option with a strike price higher, than the current market price of the underlying asset or futures contract.

An option that can be exercised and immediately closed out against the underlying market for a cash credit. The option is in-the-money if the underlying futures price is above a call option's strike price, or below a put option's strike price.

A term used to describe an option contract that has a positive value if exercised. A call with a strike price of $390 on gold trading at $400 is in-the-money 10 dollars. See Intrinsic Value.

Description of a put option whose exercise price is above, or a call option whose exercise price is below the current value of the underlying security.

An option is in-the-money when it has intrinsic value. A call is in-the-money when the market price of the underlying instrument is greater than the option's exercise price. A put is in-the-money when the market price of the underlying instrument is lower than the option's exercise price.

When the exercise price of a call option or warrant is less than the underlying asset price.

A condition where an option has a positive intrinsic value.