Dictionary of Banking Terms: in the money
in the money
option contract when the market price of the underlying security or instrument is above the strike (exercise) price of a call option (an option to buy) or below the strike price of a put option (an option to sell).
Dictionary of Business Terms: in the money
in the money
option contract on a stock whose current market price is above the striking price of a call option or below the striking price of a put option.
Dictionary of Finance and Investment Terms: in the money
in the money
option contract on a stock whose current market price is above the striking price of a call option or below the striking price of a put option. A call option on XYZ at a striking price of 100 would be in the money if XYZ were selling for 102, for instance, and a put option with the same striking price would be in the money if XYZ were selling for 98.
