What does it mean when a Stock Option is In The Money (ITM)?

What does it mean when a Stock Option is In The Money (ITM)?
In this short [What does it mean when a Stock Option is In The Money (ITM)?] video ๐ŸŽฅ, we explore the concept of In The Money or ITM when it comes to stock options. A stock option is a contract that gives the holder the right, but not the obligation, to buy or sell a certain amount of stock at a predetermined price and time. When a stock option is In The Money, it means that the price of the underlying stock is higher than the strike price of the option. This allows the holder to buy the stock at a lower price and sell it immediately at a higher price, resulting in a profit. Learn more about the significance of ITM stock options and how it can impact your investments. Don’t forget to like, share and subscribe to our channel for more informative content on the world of investing. Happy trading!

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