Specifies an option instrument's in the money condition in general terms.
in the money
Standard in-the-money
The option's strike price is less than the underlying settlement price for a call or greater than the underlying settlement price for a put.
At-the-money is in-the-money
The option's strike price of either the put or call is equal to the underlying settlement price in addition to standard in-the-money behavior.
At-the-money call is in-the-money
The call option's strike price is equal to the underlying settlement price in addition to standard in-the-money behavior.
At-the-money put is in-the-money
The put option's strike price is equal to the underlying settlement price in addition to standard in-the-money behavior.