If a Microsoft January 20 put option had a strike price of $20 and the market price of the underlying Microsoft stock was $15.00, the put option would be _______________.
A) in-the-money
B) out-of-the-money
C) fairly priced
D) flat priced

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The Answer of If a Microsoft January 20 put option had a strike price of $20 and the market price of the underlying Microsoft stock was $15.00, the put option would be _______________.
A) in-the-money
B) out-of-the-money
C) fairly priced
D) flat priced

If a Microsoft January 20 Put Option Had a Strike