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In-the-Money (ITM)

When a trade closes in the trader’s favour, resulting in a payout. For High/Low options, this means the closing price is above the strike for a High trade, or below the strike for a Low trade. For Spread options, the closing price must be beyond the spread range. For One Touch options, the trade is in-the-money the moment the price reaches the target level at any point before expiry.

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