What is the meaning of Intrinsic value?

Intrinsic value is the value of an option if it were to expire immediately with the underlying stock at its current price; the amount by which an option is in-the-money. For call options, this is the difference between the stock price, if that difference is a positive number, or zero otherwise. For put options it is the difference between the striking price and the stock price, if that difference is positive, and zero otherwise. See also: In-the-Money, Time Value Premium, Parity.

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APABarry Goldsmith. (2010). intrinsic value. Retrieved September 20, 2026, from http://smartdefine.org/intrinsic_value/definitions/1156448
ChicagoBarry Goldsmith. 2010. "intrinsic value" http://smartdefine.org/intrinsic_value/definitions/1156448 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, intrinsic value, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/intrinsic_value/definitions/1156448>.
MLABarry Goldsmith. "intrinsic value" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/intrinsic_value/definitions/1156448>