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What does ITM stand for in cryptocurrency trading?

avatarBristol Airport taxiDec 26, 2021 · 3 years ago3 answers

Can you please explain the meaning of ITM in cryptocurrency trading? I've seen this term being used but I'm not sure what it stands for.

What does ITM stand for in cryptocurrency trading?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    In cryptocurrency trading, ITM stands for 'In The Money'. It is a term used to describe an option or a trade that is profitable. When a trade is ITM, it means that the current price of the underlying asset is higher than the strike price for a call option or lower than the strike price for a put option. This indicates that the option has intrinsic value and can be exercised for a profit.
  • avatarDec 26, 2021 · 3 years ago
    ITM is an abbreviation for 'In The Money' in cryptocurrency trading. It refers to a situation where the current market price of a cryptocurrency is favorable for a particular trade. For example, if you have a call option and the market price of the underlying asset is higher than the strike price, the option is considered ITM. It indicates that the option has a positive value and can be exercised for a profit.
  • avatarDec 26, 2021 · 3 years ago
    ITM, which stands for 'In The Money', is a term commonly used in cryptocurrency trading. It refers to a situation where a trade or option has a positive value. In other words, it means that the current market price of the cryptocurrency is favorable for the trade. Traders often use this term to identify profitable opportunities in the market.