IN-THE-MONEY


Meaning of IN-THE-MONEY in English

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 .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.