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In-the-money

Definition: [crh] A put option that has a strike price higher than the underlying futures Definition: price, or a call option with a strike price lower than the underlying futures price. For example, if the March Definition: COMEX silver futures contract is trading at $6 an ounce, a March call with a strike price of $5.50 would be Definition: considered in the money by $0.50 an ounce. Related: Put. Antithesis of out-of-the-money.

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