What does 'ITM' stand for in the world of cryptocurrency?

1 answers

• sharp swordJun 04, 2023 · 2 years ago
  ITM, which stands for 'In The Money', is a term commonly used in the cryptocurrency industry. It refers to a situation where the current price of a cryptocurrency is higher than the strike price of an option contract. This indicates that the option has intrinsic value and can be exercised for a profit. ITM options are sought after by traders as they offer the opportunity to make a profit without relying solely on the price movement of the underlying asset. It is important to note that ITM options typically have a higher premium compared to options that are out of the money or at the money.
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