In-the-Money definition

In-the-Money means in relation to a call option, a call option with a strike price less than the current market price of the underlying security and, in relation to a put option, a put option with a strike price greater than the current market price of the underlying security.
In-the-Money means, in respect of any Component, that the Relevant Price on the Expiration Date for such Component is greater than the Strike Price for such Component.
In-the-Money means that the Calculation Agent determines that the Closing Value of an Underlying Asset is greater than the Strike Price;

More Definitions of In-the-Money

In-the-Money means for a call Option where the price of the Underlying is above the strike price, and for a put Option where the price of the Underlying is below the strike price;
In-the-Money means an Options Contract that would result in a profit to the buyer if exercised at that moment in time;
In-the-Money means the excess, if any, of the Market Price of a Share at any time over the Strike Price;
In-the-Money or “ITM” means that the prevailing market exchange rate for the currency pair in an Option Contract is less favourable than the strike price for that Option Contact.
In-the-Money means a call option with a strike price that is less than the current market price of the underlying security;
In-the-Money means with respect to any security exercisable, convertible into, exchangeable or redeemable for another security, that the amount of consideration payable to the Company upon such exercise, conversion or exchange is less than the Fair Market Value of the security to be received upon such exercise, conversion, exchange or redemption.
In-the-Money means, unless otherwise specified in a Confirmation, in respect of a Bond Option Transaction to which Physical Settlement is applicable, in the case of a Call, that the Reference Price is equal to or greater than 101 per cent. of the Strike Price and, in the case of a Put, that the Reference Price is less than or equal to 99 per cent. of the Strike Price.就可實物結算的債券期權交易而言,除在確認書中有其他規定外,「價內期權」是指在認購期權時,參考價格等於或高於行使價的 101%,及在認沽期權時,參考價格低於或等於行使價的 99%。