A put option is said to be "in the money" if

A) it is written on a Treasury bill or other money-market asset.
B) it has increased in price since it was first written.
C) the price of the underlying asset is currently less than the strike price.
D) the price of the underlying asset is currently less than the strike price plus the option premium.

C

Economics

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Refer to Figure 13-4. Given the economy is at point A in year 1, what will happen to the unemployment rate in year 2?

A) It will remain constant. B) It will rise. C) It will fall. D) not enough information to answer the question

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The opportunity costs associated with the use of resources owned by a firm are:

A. externalities. B. implicit costs. C. explicit costs. D. sunk costs.

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