Which of the Following Represent In-The-Money Options

question 54

Multiple Choice

Which of the following represent in-the-money options?
I.a call when the market price exceeds the strike price
II.a call when the strike price exceeds the market price
III.a put when the market price exceeds the strike price
IV.a put when the strike price exceeds the market price

• A)I and III only
• B)I and IV only
• C)II and III only
• D)II and IV only

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