You Currently Own a Put Option on Stock X with a Strike

question 13

Multiple Choice

You currently own a put option on Stock X with a strike price of $25.If the current price of Stock X is $30,then what is the in-the-money amount of the option?

• A) -$5
• B) $0
• C) $5
• D) none of the above

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Definitions:

Painter

An artist who creates visual works primarily using paint as a medium on surfaces such as canvas, wood, walls, or paper.

Production Incentives

Rewards or benefits given to employees to motivate them to increase their output or efficiency in the production process.

Piecework

A payment method by which employees are paid a fixed rate for each unit produced or action performed, regardless of time.

Assembly-Line Workers

Employees who work on a manufacturing process where the product is moved from workstation to workstation, with each worker responsible for a specific task.