The current market price of a share of a stock is $20.If a put option on this stock has a strike price of $18,the put

Name: The current market price of a share of a stock is $20.If a put option on this stock has a strike price of $18,the put
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A put option is out of the money when the strike price is below the current market price of the stock. In this case, the strike price ($18) is below the market price ($20), making the put option out of the money.

The Current Market Price of a Share of a Stock