A Put Option on Swiss Franc Has a Strike (Exercise)

question 66

Multiple Choice

A put option on Swiss franc has a strike (exercise) price of $.92. The present exchange rate is $.89. This put option can be referred to as:

• A) in the money.
• B) out of the money.
• C) at the money.
• D) at a discount.

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Definitions:

Power Loss

The interruption or failure of electrical power supply, affecting the operation of devices, systems, and entire facilities, requiring mitigation strategies.

Cascading

The process of connecting or layering several components or systems in a step-wise fashion where the output of one serves as the input for the next.

Reciprocating Functions

Functions or operations that involve back-and-forth or repetitive motion, often seen in mechanical systems.