What is the meaning of ITM in the world of digital currencies?
Mohamed GarayoNov 25, 2021 · 3 years ago3 answers
Can you explain the significance of ITM in the context of digital currencies? What does ITM stand for and how does it relate to the world of cryptocurrencies?
3 answers
- Nov 25, 2021 · 3 years agoITM stands for In The Money, which is a term used in options trading to describe a situation where the strike price of an option is favorable compared to the current market price. In the world of digital currencies, ITM can refer to a situation where the price of a cryptocurrency is higher than the strike price of an option, indicating a profitable position for the option holder. It is important to note that ITM is not a widely used term in the digital currency space, and its significance may vary depending on the context.
- Nov 25, 2021 · 3 years agoITM in the world of digital currencies refers to In The Money, a concept commonly used in options trading. When a cryptocurrency option is ITM, it means that the option has intrinsic value because the strike price is favorable compared to the current market price. This can be a profitable position for the option holder. However, it's worth mentioning that ITM is not a widely used term in the digital currency industry, and its relevance may be limited to options trading specifically.
- Nov 25, 2021 · 3 years agoIn the world of digital currencies, ITM stands for In The Money. This term is commonly used in options trading to describe a situation where the strike price of an option is favorable compared to the current market price. When a cryptocurrency option is ITM, it means that the option has value and can be exercised for a profit. However, it's important to note that ITM is not a widely used term in the digital currency community, and its significance may be limited to options traders and investors.
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