In The Money 1. For a call option, when the option's strike price is below the market price of the underlying asset.
2. For a put option, when the strike price is above the market price of the underlying asset. Investopedia Says: In other words, this is when your stock option is worth money and you can turn around and sell or exercise it for a profit. Related Terms: At The Money Call Option Deep In The Money Exercise Fugit Moneyness Option Out Of The Money Put Option Strike Price |