Trading Terms & Concepts

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There are currently 3 names in this directory beginning with the letter I.
In the Money
A call option is in-the-money when its strike price is less than the current underlying future price. A put option is in-the-money when its strike price is greater than the current underlying future price.
Index Options
An option whose underlying asset is an index. Generally, index options are cash-settled.
International Securities Identification Number (ISIN)
The international standard that is used to uniquely identify securities. It consists of a two-character alphabetic country code specified in ISO 6166, followed by a nine-character alphanumeric security identifier (assigned by a national security numbering agency), and then an ISIN check-digit.


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