What Is “in the Money” (ITM)? The phrase in the money (ITM) refers to an option that possesses intrinsic value. An option that’s in the money is an option that presents a profit opportunity due to the relationship between the strike price and the prevailing market price of the underlying asset. An in-the-money call option
What Is “In the Penalty Box”? “In the penalty box” is a phrase referring to a company impacted by an event that keeps its stock price down for a substantial amount of time. Frequently, a firm that does something illegal or unethical will land in the penalty box because of the loss of trust. However
What Does “In the Tank” Mean? “In the tank” is a slang term referring to prolonged poor performance. In the tank can be used in the context of a specific security as in a company’s stock, a particular sector or industry, and even a national economy or the market as a whole. A stock is considered
What Is Intraday? Intraday means “within the day.” In the financial world, the term is shorthand used to describe securities that trade on the markets during regular business hours. These securities include stocks and exchange-traded funds (ETFs). Intraday also signifies the highs and lows that the asset crossed throughout the day. Intraday price movements are
What Is Intraday Return? The intraday return is one of the two components of the total daily return generated by a stock. Intraday return measures the return generated by a stock during regular trading hours, based on its price change from the opening of a trading day to its close. Intraday return and overnight return
What Is an Intrapreneur? An intrapreneur is an employee who is tasked with developing an innovative idea or project within a company. The intrapreneur may not face the outsized risks or reap the outsized rewards of an entrepreneur; however, the intrapreneur has access to the resources and capabilities of an established company. Key Takeaways An
What Is Intrapreneurship? The term intrapreneurship refers to a system that allows an employee to act like an entrepreneur within a company or other organization. Intrapreneurs are self-motivated, proactive, and action-oriented people who take the initiative to pursue an innovative product or service. An intrapreneur knows failure does not have a personal cost as it
What Is an Intrastate Offering? In the United States, an intrastate offering is a securities offering that can only be purchased in the state in which it is being issued. Because the offering only includes one state, it does not fall under the jurisdiction of the Securities and Exchange Commission (SEC). Therefore, it does not
What Is Intrinsic Value? Intrinsic value is a measure of what an asset is worth. This measure is arrived at by means of an objective calculation or complex financial model. Intrinsic value is different from the current market price of an asset. However, comparing it to that current price can give investors an idea of
What Is an Introducing Broker? An introducing broker (IB) is a broker in the futures markets who has a direct relationship with a client, but delegates the work of the floor operation and trade execution to another futures merchant, typically a futures commission merchant (FCM). The IB is usually affiliated with the FCM, either as
