What is the meaning of In-the-money?

In-the-money is a put option that has a strike price higher than the underlying futures price, or a call option with a strike price lower than the underlying futures price. For example, if the March COMEX silver futures contract is trading at $6 an ounce, a March call with a strike price of $5. 50 would be considered in the money by $0. 50 an ounce. Related: Put. Antithesis of out-of-the-money.

3
 
|15 years ago|403 views|share |citing 
APABarry Goldsmith. (2010). in-the-money. Retrieved September 26, 2026, from http://smartdefine.org/in-the-money/definitions/1155827
ChicagoBarry Goldsmith. 2010. "in-the-money" http://smartdefine.org/in-the-money/definitions/1155827 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, in-the-money, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/in-the-money/definitions/1155827>.
MLABarry Goldsmith. "in-the-money" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/in-the-money/definitions/1155827>