A 35 Put Option on ABC Stock Expires Today

question 67

Multiple Choice

A 35 put option on ABC stock expires today.The current price of ABC stock is $36. The put is:

• A)at the money.
• B)in the money.
• C)out of the money.
• D)funded.
• E)unfunded.

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Definitions:

Rational

Based on reasoning or logic; pertaining to the ability to think, understand, and form judgments by a process of logic.

Step-by-step

A phrase describing a process or procedure that takes place gradually, one stage at a time.

Problem Solver

An individual or entity capable of analyzing issues, identifying solutions, and implementing strategies to address challenges effectively.

Supply Chain

is a system encompassing the production, handling, and distribution of goods and services from the source of production to the consumer.