The current market price of a share of CAT stock is $76.If a put option on this stock has a strike price of $80,the put
A)is out of the money.
B)is in the money.
C)can be exercised profitably.
D)A and C.
E)B and C.

Question

Quizplus · Accepted Answer

The Answer of The current market price of a share of CAT stock is $76.If a put option on this stock has a strike price of $80,the put
A)is out of the money.
B)is in the money.
C)can be exercised profitably.
D)A and C.
E)B and C.

The Current Market Price of a Share of CAT Stock