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What is In the Money?

Crypto Terms Glossary: What is In the Money?

'In the money' refers to an option that has a market price that is higher than its 'strike' price, which is the set price at which the option owner can buy or sell the security or commodity that underlies the option. Conversely, 'out of the money' refers to an option that has a market price lower than the strike price.

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