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
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $55.98M |
Open | High | Low | Value | Volume |
1.8¢ | 1.9¢ | 1.7¢ | $216.4K | 12.50M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 930146 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.9¢ | 1678134 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 930146 | 0.018 |
3 | 819937 | 0.017 |
47 | 11193632 | 0.016 |
22 | 5044080 | 0.015 |
7 | 1860687 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 1678134 | 8 |
0.020 | 3696807 | 17 |
0.021 | 4554579 | 8 |
0.022 | 1107954 | 5 |
0.023 | 2070218 | 9 |
Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
1.8¢ |
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Change
0.000 ( 2.86 %) |
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Open | High | Low | Volume | ||
1.8¢ | 1.8¢ | 1.7¢ | 11609542 | ||
Last updated 15.59pm 29/04/2024 ? |
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