In-the-money - An option which has intrinsic value because the market price of the underlying is above (below) the strike price of a call (put).
A 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. Antithesis of Out of the money.
In-the-money : an option which has intrinsic value because the market price of the underlying is above (below) the strike price of a call (put).
a 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. antithesis of out of the money.