Explain the Concept of 'In-the-Money' for Both Call and Put Options ▴ Learn

Explain the Concept of ‘In-the-Money’ for Both Call and Put Options.

An option is considered 'in-the-money' (ITM) when exercising it immediately would result in a positive intrinsic value, excluding the premium cost. For a Call Option, ITM means the underlying crypto's current market price is higher than the option's strike price.

For a Put Option, ITM means the underlying crypto's current market price is lower than the option's strike price. This status indicates the option has inherent value.

What Is the Difference between an In-the-Money and Out-of-the-Money Call Option for a DAO Seller?

What Is Meant by an Option Being ‘In-the-Money’ (ITM), ‘At-the-Money’ (ATM), or ‘Out-of-the-Money’ (OTM)?

What Does It Mean for an Option to Be “In-the-Money” (ITM)?

Define ‘In-the-Money’ (ITM) for Both Call and Put Cryptocurrency Options