What is the meaning of ITM in the world of digital currencies?

3 answers

• ForumWarriorFeb 10, 2024 · a year ago
  ITM 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.
  528

  264
• Peter FisherMay 09, 2023 · 2 years ago
  ITM 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.
  487

  163
• Lerche KoefoedJul 08, 2022 · 3 years ago
  In 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.
  500

  125