What is the meaning of ITM in the context of digital currencies?
Dibyendu MandalJan 15, 2022 · 3 years ago3 answers
Can you explain the meaning of ITM in the context of digital currencies? What does ITM stand for and how is it related to the cryptocurrency market?
3 answers
- Jan 15, 2022 · 3 years agoITM stands for 'In The Money' and is a term commonly used in the options trading market. In the context of digital currencies, ITM refers to a situation where the strike price of a cryptocurrency option is lower than the current market price. This means that if the option were to be exercised, the holder would make a profit. It is an important concept for traders and investors to understand when engaging in cryptocurrency options trading.
- Jan 15, 2022 · 3 years agoITM is short for 'In The Money' and is a term used in the digital currency market to describe a situation where the current price of a cryptocurrency is higher than the strike price of an option. This indicates that the option has value and can be exercised for a profit. It is a key concept in options trading and is often used to assess the profitability of different trading strategies.
- Jan 15, 2022 · 3 years agoIn the context of digital currencies, ITM refers to the state of an option contract where the strike price is lower than the current market price of the underlying asset. This means that if the option were to be exercised, the holder would make a profit. ITM options are considered valuable and are often used by traders to speculate on the price movements of cryptocurrencies. It is important to note that ITM is just one of the many terms and concepts used in the cryptocurrency market, and understanding its meaning can help investors make informed trading decisions.
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