common-close-0
BYDFi
Trade wherever you are!

What is the definition of ITM in the context of cryptocurrency?

avatarMunir MuratovićDec 26, 2021 · 3 years ago3 answers

In the world of cryptocurrency, what does ITM stand for and what is its definition?

What is the definition of ITM in the context of cryptocurrency?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    ITM stands for 'In The Money' in the context of cryptocurrency. It refers to a situation where the current price of a cryptocurrency is higher than the strike price of an options contract. When a cryptocurrency option is ITM, it means that the holder of the option has a profit if they were to exercise it at that moment. It is a term commonly used in options trading to describe a favorable position for the option holder.
  • avatarDec 26, 2021 · 3 years ago
    ITM, short for 'In The Money,' is a term used in the cryptocurrency industry to describe a situation where the current price of a cryptocurrency is higher than the strike price of an options contract. This means that if the option were to be exercised immediately, the holder would make a profit. It is important to note that ITM is specific to options trading and is not applicable to all types of cryptocurrency transactions.
  • avatarDec 26, 2021 · 3 years ago
    In the context of cryptocurrency, ITM stands for 'In The Money.' It is a term used in options trading to describe a situation where the current price of a cryptocurrency is higher than the strike price of an options contract. When a cryptocurrency option is ITM, it means that the option holder has the potential to make a profit if they were to exercise the option at that moment. It is important for traders to understand the concept of ITM when engaging in options trading strategies.