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
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $203.7K | 25.36M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 18773078 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 14792155 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 18773078 | 0.008 |
74 | 32498751 | 0.007 |
54 | 21107989 | 0.006 |
20 | 12971789 | 0.005 |
7 | 8025000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 14792155 | 13 |
0.010 | 9742677 | 13 |
0.011 | 14396522 | 8 |
0.012 | 14095921 | 7 |
0.013 | 2597253 | 4 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
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