Options with intrinsic value are known as in-the-money (ITM) options.
A put option is in-the-money when the strike price is above the current trading price of the underlying security.
Glossary
Glossary
Options with intrinsic value are known as in-the-money (ITM) options.
A put option is in-the-money when the strike price is above the current trading price of the underlying security.