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
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.87M |
Open | High | Low | Value | Volume |
1.7¢ | 1.8¢ | 1.7¢ | $82.24K | 4.705M |
Buyers (Bids)
No. | Vol. | Price($) |
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24 | 6312231 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.8¢ | 1584216 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 6312231 | 0.017 |
42 | 9777887 | 0.016 |
22 | 5054048 | 0.015 |
6 | 1638544 | 0.014 |
6 | 3876923 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.018 | 1584216 | 3 |
0.019 | 3190619 | 11 |
0.020 | 2774152 | 19 |
0.021 | 4139035 | 6 |
0.022 | 1930273 | 9 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
1.7¢ |
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Change
0.000 ( 2.86 %) |
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Open | High | Low | Volume | ||
1.7¢ | 1.8¢ | 1.7¢ | 6177549 | ||
Last updated 15.59pm 17/05/2024 ? |
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