common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

What is the meaning of ITM in the context of cryptocurrency stocks?

avatarCopeland BaldwinNov 25, 2021 · 3 years ago3 answers

In the world of cryptocurrency stocks, what does ITM stand for and what is its significance?

What is the meaning of ITM in the context of cryptocurrency stocks?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    ITM stands for 'In The Money' in the context of cryptocurrency stocks. It refers to an option contract that has intrinsic value, meaning the strike price of the option is favorable compared to the current market price of the underlying asset. When an option is ITM, it means the holder has the potential to make a profit if they were to exercise the option. In the cryptocurrency market, ITM options are often sought after by traders as they offer the opportunity for higher returns.
  • avatarNov 25, 2021 · 3 years ago
    ITM, short for 'In The Money,' is a term commonly used in the cryptocurrency stock market. It indicates that the strike price of an option is lower than the current market price of the underlying asset. When an option is ITM, it means the option holder has a favorable position and could potentially make a profit by exercising the option. ITM options are considered valuable and are often sought after by traders looking to capitalize on market movements.
  • avatarNov 25, 2021 · 3 years ago
    In the context of cryptocurrency stocks, ITM stands for 'In The Money.' This term is used to describe an option contract where the strike price is lower than the current market price of the underlying asset. When an option is ITM, it means the holder has the potential to profit if they were to exercise the option. Traders often look for ITM options as they offer a higher chance of making a profit. However, it's important to note that the value of ITM options can fluctuate based on market conditions and other factors.