If a Microsoft January 20 Put Option with a Strike

question 138

Multiple Choice

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)not enough information to tell

---

Definitions:

Bukhara

A historic city in Uzbekistan, known for its rich history as a center of trade, culture, and religion on the Silk Road.

Islamic Religious Architecture

Architecture associated with Islam, including structures like mosques, madrasas, and mausoleums, often featuring specific elements like minarets, mihrabs, and Islamic geometric patterns.

Primary Function

The main or essential purpose that an object, facility, or service is designed to serve.

Prayer

A spiritual practice involving communication with a deity or deities, often used to express worship, thanks, petition, or confession.