What is the definition of ITM in the context of cryptocurrency?
Christopher PaianoMay 02, 2022 · 3 years ago3 answers
In the world of cryptocurrency, what does ITM stand for and what is its definition?
3 answers
- May 02, 2022 · 3 years agoITM 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.
- May 02, 2022 · 3 years agoITM, 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.
- May 02, 2022 · 3 years agoIn 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.
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