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How Is Moneyness Different for Call Options versus Put Options?

For a call option, it is in-the-money (ITM) when the underlying asset's price is above the strike price. Conversely, a put option is ITM when the asset's price is below the strike price.

A call option is out-of-the-money (OTM) if the asset price is below the strike, while a put is OTM if the asset price is above the strike. Both are at-the-money (ATM) when the strike price and asset price are the same.

What Is “In the Money” for a Call Option versus a Put Option?
When Does an Option Become ‘In-The-Money’ (ITM)?
What Does It Mean for an Option to Be “In-the-Money” (ITM)?
How Does an In-the-Money Covered Call Differ from an Out-of-the-Money Covered Call?

How Is Moneyness Different for Call Options versus Put Options?

For a call option, it is in-the-money (ITM) when the underlying asset's price is above the strike price. Conversely, a put option is ITM when the asset's price is below the strike price.

A call option is out-of-the-money (OTM) if the asset price is below the strike, while a put is OTM if the asset price is above the strike. Both are at-the-money (ATM) when the strike price and asset price are the same.

What Does It Mean for an Option to Be “In-the-Money” (ITM)?
How Does the ‘Strike Price’ Relate to the Profitability of a Put Option?
How Does an In-the-Money Covered Call Differ from an Out-of-the-Money Covered Call?
What Is “In the Money” for a Call Option versus a Put Option?