ITM (Italmanubri S.p.A.) is based at Loria, Treviso, in Veneto, where cycling is a popular sport. ITM manufactures cycling components, and was founded 30 years ago.
In the Money. call ( put) whose exercise price is lower (higher) than the current price of the underlying; i.e. an option which, if exercised immediately would result in a profit for the buyer of the option.
In The Money. An option with intrinsic value. A call option is in the money if the price of the underlying is higher than the strike price of the call. A put option is in the money if the price of the underlying is below the strike price of the put.