A
B
C
D
E
F
G
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I
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K
L
M
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i
in line
in perpetuity
in play
in sympathy
in the black
in the money
in the red
in the tank
in-house
in-process research and development
in-service withdrawal
in the money
Situation in which an option's strike price is below the current market price of the underlier (for a call option) or above the current market price of the underlier (for a put option). Such an option has intrinsic value.