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In-the-money option
An option having intrinsic value. A call option is in-the-money if its strike price is below the current price of the underlying futures contract. A put option is in-the-money if its strike price is above the current price of the underlying futures contract. The amount by which an option is in-the-money.
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- Part of Speech: noun
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- Industry/Domain: Financial services
- Category: Commodity exchange
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