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Complete Definition of "in the money"

English
Adjective

  1. Possessing money.

#: 1933: We're In The Money — song title, lyrics w:Al Dubin|Al Dubin, music w:Harry Warren|Harry Warren 1

  1. finance For an option, having a strike price which makes it profitable to exercise. For a call this is a strike below the market price, or for a put a strike above the market price.

#: the deep-in-the-money call position (April 40 calls) does not offer anywhere near the profit potential nor leverage of the other trades — Jay Kaeppel, Optionetics 2
Related terms
at the money
out of the money

Revision and Credits for"in the money"
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