in-the-money

Definition of "in-the-money"
  1. An option contract that would yield a profit if exercised, because the option's strike price is below the market price of the underlying asset
How to use "in-the-money" in a sentence
  1. The investor was in a good position because his options were in-the-money.
  2. He decided to exercise his options as they had turned in-the-money.
  3. She sold off the in-the-money call options to accrue a quick profit.
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