Use the Table for the Question(s)below

question 5

Multiple Choice

Use the table for the question(s) below.
Consider the following information on options from the CBOE for Merck:
-How many of the January 2009 put options are in the money?

• A)1
• B)3
• C)2

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Definitions:

Counterfactual Thinking

The psychological process of imagining alternative outcomes to events that have already occurred, often starting with "what if" questions.

Olympic Bronze Medalists

Athletes who have achieved third place in their respective events at the Olympic Games.

Overconfidence

A cognitive bias that causes a person to believe that they are more capable or knowledgeable than they actually are.

Primacy Effect

The tendency to remember information at the beginning of a list better than information in the middle or at the end.