A put option described as out of the money would find:
A. the market price of the stock is below the strike price.
B. the strike price is below the market price of the stock.
C. the market price of the stock and the strike price are equal.
D. the option has expired.
Answer: B
Economics
You might also like to view...
Which of the following is an example of a regional currency arrangement?
A) exchange rate union B) currency cartel associations C) free-trade zones D) most-favored nation status E) agreement on commercial trade
Economics
A monopolist with constant average and marginal cost equal to 8 (AC = MC = 8) faces demand Q = 100 - P, implying that its marginal revenue is MR = 100 - 2Q. Its profit maximizing quantity is
a. 8 b. 46 c. 50 d. 92
Economics