What Does ‘In the Money’ (ITM) Mean for a Call Option?

A Call Option is 'In The Money' (ITM) when the current market price of the underlying asset is higher than the option's strike price. This means the option has intrinsic value, as the holder could immediately exercise the right to buy the asset for less than its current market price.

The greater the difference between the market price and the strike price, the deeper ITM the option is.

What Is the Intrinsic Value of an Out-of-the-Money Put Option?
What Does It Mean for an Option to Be “In the Money” (ITM)?
What Is the Difference between an “In-the-Money” (ITM) Call Option and a Put Option?
Define “In-the-Money” and “Out-of-the-Money” for a Call Option
What Is ‘In the Money’ (ITM) for an Option?
Explain the Concept of “Moneyness” (ITM, ATM, OTM)
Define In-The-Money (ITM) for Both a Call and a Put Option
How Does the Stock Price Affect the ITM Status of a Call Option?

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