IN THE MONEY OPTION

In the money refers to OPTIONs, and when considering a call option, it means that the STRIKE PRICE is below the market price of theĀ UNDERLYING ASSET similarly in the money refers to a put when its strike price is above the market price of the underlying asset.

Being in the money does not mean you will profit, it just means the option is worth exercising. This is because the option costs money to buy (premium).