In June 2017,an investor buys a put option on Genentech stock with an exercise price of $75 and expiring in January 2019.If the stock price in July 2017 is $80,then this option is:
I.in-the-money
II.out-of-the-money
III.a LEAPS option
A) I only
B) II only
C) III only
D) II and III only
Correct Answer:
Verified
Q2: Suppose an investor sells (writes)a put option.What
Q2: The writer (seller)of a regular exchange-listed call-option
Q3: The writer (seller)of a regular exchange-listed put-option
Q4: The following are examples of "disguised options":
I.acquiring
Q5: The buyer of a call option has
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