A Put Option on Snapple Beverage Has an Exercise Price

question 68

Multiple Choice

A put option on Snapple Beverage has an exercise price of $30.The current stock price of Snapple Beverage is $24.25.The put option is _________.

• A) at the money
• B) in the money
• C) out of the money
• D) knocked out

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Definitions:

Weekly Weight Gain

A measure of how much weight is gained within a week, which can be an important indicator of health status or progress in gaining or losing weight.

Cachexia

A complex metabolic syndrome associated with underlying illness, characterized by severe body weight, muscle, and fat loss.

Body Mass Index

A measure of body fat based on height and weight that applies to adult men and women, used to categorize underweight, normal weight, overweight, and obesity.

Amenorrhea

The absence of menstruation in someone of reproductive age under conditions expected for menstruation.