According to @kwok_phil, moneyness is a crucial concept in trading that determines whether an option would be profitable if exercised immediately. There are three types of moneyness: in the money, at the money, and out of the money. Understanding moneyness helps traders assess the value and risk of options in both crypto and traditional markets. For crypto traders, this concept can inform strategic decisions on derivative products and options trading, directly impacting profit opportunities and risk management. Source: @kwok_phil.