the options themselves may be 'in-the-money'. that is,...

the options themselves may be 'in-the-money'. that is, exercising the options is cheaper than buying shares on market

MNSO options have a strike price of 10 cents. MNS is currently priced at 65 cents

MNSO traded as high as $1

if you bought MNSO at $1, you are out of the money (even though the options themselves are in-the-money)

there is a difference between when the options & you are in or out of the money

who cares about the definitions

the point of the thread was to educate the newbie, who was educated

***
but, yes, the options were not out of the money when the share price was above 7.5 cents but that was not my intention when explaining