A put option on a stock is said to be at the money if
A)the exercise price is higher than the stock price.
B)the exercise price is less than the stock price.
C)the exercise price is equal to the stock price.
D)the price of the put is higher than the price of the call.

Question

Quizplus · Accepted Answer

A put option is said to be at the money if the exercise price is equal to the stock price. This means that the option is not currently in the money (the stock price and exercise price are the same), nor is it out of the money (the exercise price is lower than the stock price).

A Put Option on a Stock Is Said to Be