Comment on STT Trap - Options Expiry - NSE BSE MCX-SX
Dilip, it is called in the money if your option has any intrinsic value.
1. 5975 is 75 points above 5900, so 75 is the intrinsic value, so yes ITM
2. 5955, is 55 points above 5900, so 55 is the intrinsic value, so yes ITM
3. 5875, below 5900, so 5900 calls has 0 intrinsic value. So out of the money/OTM