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What Is the ‘Intrinsic Value’ of an ITM Call Option?

The Intrinsic Value of an In The Money (ITM) Call Option is the difference between the current market price of the underlying asset and the option's strike price. This is the immediate profit the option holder would realize if they exercised the option immediately.

An Out of The Money (OTM) or At The Money (ATM) option has zero intrinsic value.

What Is the Difference between an ITM, OTM, and ATM Call Option?
How Does the Concept of “In-the-Money” (ITM) Apply to a Call Option?
Define “In-the-Money” and “Out-of-the-Money” for a Call Option
What Does It Mean to Be ‘In the Money’ (ITM) for a Call Option?