If a Microsoft January 20 put option with a strike price of $20 was selling for $5.00 and the market price of the underlying Microsoft stock was $18.00, the price of the put option would be _______________.
A) in-the-money
B) out-of-the-money
C) fairly priced
D) flat priced

Question

Quizplus · Accepted Answer

The Answer of If a Microsoft January 20 put option with a strike price of $20 was selling for $5.00 and the market price of the underlying Microsoft stock was $18.00, the price of 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 with a Strike