In-the-Money definition

In-the-Money means in relation to a call option, a call option with a strike price less than the current market price of the underlying security and, in relation to a put option, a put option with a strike price greater than the current market price of the underlying security.
In-the-Money means, in respect of any Component, that the Relevant Price on the Expiration Date for such Component is greater than the Strike Price for such Component.
In-the-Money means that the Calculation Agent determines that the Closing Value of an Underlying Asset is greater than the Strike Price;

More Definitions of In-the-Money

In-the-Money means for a call Option where the price of the Underlying is above the strike price, and for a put Option where the price of the Underlying is below the strike price;
In-the-Money means an Options Contract that would result in a profit to the buyer if exercised at that moment in time;
In-the-Money means the excess, if any, of the Market Price of a Share at any time over the Strike Price;
In-the-Money or “ITM” means that the prevailing market exchange rate for the currency pair in an Option Contract is less favourable than the strike price for that Option Contact.
In-the-Money means, in the case of a call Options Contract, where the spot price of the agreed-upon underlying asset is higher than the strike price specified in the Electronic Message, and in the case of a put Options Contract, where the spot price of the agreed-upon underlying asset is lower than the strike price specified in the Electronic Message;
In-the-Money means a call option with a strike price that is less than the current market price of the underlying security;
In-the-Money means with respect to any security exercisable, convertible into, exchangeable or redeemable for another security, that the amount of consideration payable to the Company upon such exercise, conversion or exchange is less than the Fair Market Value of the security to be received upon such exercise, conversion, exchange or redemption.