I know what he is saying, but what he is reffering to is his own personal circumstance e.g. his purchase price of the option + ex price.... but the term "in the money" is as i stated... as per below
In the Money
An option contract is in the money if it has intrinsic value. For example, a Call option is in the money if the price of the underlying asset is higher than the option contract strike price. Conversely, a Put option is in the money if the price of the underlying security is lower than the option contract strike price. As a brief reminder, call options are a bet that the underlying asset will rise in price, while a put option is a wager that the underlying asset price will fall.
It is called ITM because option traders are typically speculating on the price directionof the underlying asset. If the strike price of a call option is $5, and the underlying stock is currently trading at $4.70, that option is out of the money. The buyer of the call isn't going to make any significant money until the price starts rising above $5 (ITM). The higher above $5 the price goes, the more in the money the option is.
ADN CHART, page-78
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $68.42M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.2¢ | $86.88K | 3.894M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 564452 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 1298065 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 564452 | 0.022 |
9 | 2223333 | 0.021 |
12 | 1925752 | 0.020 |
10 | 2323444 | 0.019 |
7 | 2084927 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 1298065 | 16 |
0.025 | 3665056 | 15 |
0.026 | 2066939 | 10 |
0.027 | 703000 | 7 |
0.028 | 1050000 | 4 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
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