Also found in: Acronyms, Wikipedia.


Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


1. A call option with a strike price less than the value of the underlying asset.

2. A put option with a strike price more than the value of the underlying asset.

In both these situations, the option contract has intrinsic value. If an option is deep in the money, it is unlikely that the option will be out-of-the money by the time the option is exercised.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
ITM Power Pty MD, Dr Neil Thompson, said: "This is a great project for us and a chance to work closely with BOC, a company we know well globally, in Australia.
The agreement sets out terms concerning the local development, registration and subsequent commercialization by DCB of ITM's proprietary brand Solucin for Targeted Radionuclide Therapy in South Korea.
ITM Group is investing in providing the most innovative and high standard business and human resources solutions to ensure market satisfaction in its various branches across the world.
"The requirement to expand ITM Power's production capacity has been led by the continued growth in the company's order pipeline.
The firm does not presently intend to discuss or reveal any further developments regarding Italtractor ITM SpA during this process unless and until a deal is agreed upon, possible discussions are withdrawn or the board of directors otherwise determines that further disclosure is appropriate, and specifically disclaims any obligation to offer further updates to the market, except as specifically required by any applicable securities law or regulation.
The ITM member said the Madaris will not accept PTI government's any 'unjustified proposal related to curriculum and registration issue'.
Accordingly the dates of the ITM 2020 Exhibition is changed to 2-6 June 2020, which was previously announced to be held between 3-6 June 2020.
Jo said: "I am so grateful for all of the support from the team at ITM. Choosing Birmingham Children's Hospital Charity as the charity of choice at the industry conference was fantastic - we had so much fun raising the money" Miranda Williams, public fundraising manager at Birmingham Women's and Children's Hospital Charity, added: "We're so thankful to Jo and everyone at ITM for their support." | For more information on Birmingham Children's Hospital Charity, visit, email or call 0121 333 8506.
Roger Steward, VP of Mena for EthosEnergy said: "Working with ITM, we tailored a package that not only met their requirements but, using our in-house manufacturing capabilities, went beyond to extend the life of these assets, adding further value.
"We are excited to be the first to adopt this innovative technology in Bahrain as the ITM represents a convergence of the self-service and customer experience revolutions, our customers will be able to enjoy the convenience of live video chatting with one of our friendly representatives and do almost anything they can do when visiting a branch.
ITM University is a leading Private University and a member of Association of Indian Universities also the first University in India to offer International Law programs.
31 March 2016 - UK-based energy storage and clean fuel company ITM Power plc (AIM: ITM) has sold a 1mw electrolyser system with some additional equipment to ZEAG Energie AG, the company said.