Posted 7/10/2012 14:25 (#2477607 - in reply to #2477594) Subject: Re: Can someone explain 'in the money' and 'out of the money' options
WC IN
In the money means the futures price is higher than your strike price if u have a call....or lower than your strike price if you have a put.... At expiration this option would be exercised
Out of the money means the futures price is lower than your strike price if u have a call....or higher than your stike price if u have a put... At expiration this option would be worthless