> ## Knowledge Base Index
> Fetch the complete knowledge base index at: https://biasinvestors.crisp.help/sitemap.xml
> Use this file to discover available pages before exploring further.
> Pure-Markdown content can be obtained by appending a '.md' suffix to the content URLs listed in the sitemap (without the trailing slash).

# Intrinsic Value

The amount that the market price of a stock is above the strike price of a call option or below the strike price of a put option on that stock (the in-the-money amount).