For an option, having a strike price which makes it profitable to exercise. For a call this is a strike below the market price, or for a put a strike above the market price.
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Submitted on July 07, 2010
Additional definitions for 'in the money':
| in the money | Possessing money; rich. |
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"in the money." Phrases.com. STANDS4 LLC, 2024. Web. 21 Dec. 2024. <https://www.phrases.com/phrase/in-the-money_13166>.
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