What does the term “in-the-money” mean?

In Investments - Asked by Admin - 2 years ago

An in-the-money option has positive intrinsic value as well as time value. A call option is in-the-money when the strike price is below the spot price. A put option is in-the-money when the strike price is above the spot price.

Answered by Admin - 2 years ago

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What does the term “in-the-money” mean?

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