(FINANCE) when a financial derivative has intrinsic value to the person who holds it. There are two examples:
* when the strike price of a call option is less than the spot price of the underlying stock, it is worthwhile to exercise it;
* when the strike price of a put option is more than the spot price of the underlying stock, it is worthwhile to exercise it.
Please remember that an option being "in the money" does not mean it was a good investment. You might have bought the option when the difference between the strike price and the spot price was MORE than it is now. If it's expiring, you might as well exercise it because to not do so is just throwing money away. But it still could have been a loss for the investor.
* when the strike price of a call option is less than the spot price of the underlying stock, it is worthwhile to exercise it;
* when the strike price of a put option is more than the spot price of the underlying stock, it is worthwhile to exercise it.
Please remember that an option being "in the money" does not mean it was a good investment. You might have bought the option when the difference between the strike price and the spot price was MORE than it is now. If it's expiring, you might as well exercise it because to not do so is just throwing money away. But it still could have been a loss for the investor.
PHIL: Sweet! My call options are back in the money. Now I'd better exercise them.
MIGUEL: You must be rolling in the cash, Holmes!
PHIL: Not even close. The forex rate for the UK pound nosedived and I got hosed pretty bad. It's not where it was when I bought these rat droppings, but I need to get out before they expire.
MIGUEL: You know, when you first told me about options they sounded like a sweet deal, but...
PHIL: Yeah... the guy who wrote the option always seems to know what's going down better than us dilettantes.
MIGUEL: You must be rolling in the cash, Holmes!
PHIL: Not even close. The forex rate for the UK pound nosedived and I got hosed pretty bad. It's not where it was when I bought these rat droppings, but I need to get out before they expire.
MIGUEL: You know, when you first told me about options they sounded like a sweet deal, but...
PHIL: Yeah... the guy who wrote the option always seems to know what's going down better than us dilettantes.
by Abu Yahya April 15, 2010
by silver56 February 23, 2012
by DancingQueen December 29, 2014
She is a quiet person that everyone would want to be her friend. She is a show stopper. She's smart and an amazing person. Show her shade she wouldn't pay no mind. In the beginning you'll notice that she's quiet but as time flies she'll change and you'll be wondering where has she been all my life! She will always have your bad threw ups and downs, twist and turns, heartbreaks and non-heartbreaks.
by KindnessisKey April 28, 2017
Currency in the form of paper or metal. Sometimes a few pieces of this paper can be worth more than your life.
by Asddsasd January 29, 2009
"No money" is when something is so inexpensive that you cannot put a dollar amount on it. It generally happens when someone finds something on sale or clearance or finds a deal on eBay or Craigs List. "Zero money" is a synonym for "no money".
by FlorenceLegallyBrunette October 2, 2018
by 322997am April 15, 2017