Life Insurance Advisor Interview Questions and Answers for Freshers

ITW stands for 'In The Money', a term used in finance to describe an option that has intrinsic value.

• ITW is commonly used in options trading to indicate that the option has a positive intrinsic value.

• An option is considered ITM if the current market price is favorable compared to the strike price.

• Investors may exercise ITM options to buy or sell the underlying asset at a profit.

• ITW can also refer to a company named Illinois Tool Works Inc., a multinational manufacturer.