... at 50, then the 50 call is at the money. Someone exercising the call and immedi-ately selling the stock would have neither a profit nora loss. An at -the- money call (like an out -of- the- money ... In -the- money options haveintrinsic value, whereas at -the- money and out -of- the- money options have no intrinsic value.CallsA call option is●In the money when it is profitable to exercise the option ... reduced for out -of- the- money options,let’s review the concepts of in, at, and out of the money. Ingeneral, options are in the money when it is profitable toexercise them, and out of the money when...