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17. XYZ stock is currently trading at a market price (S) of $50. You do not own the stock, but you are long a put
17. XYZ stock is currently trading at a market price (S) of $50. You do not own the stock, but you are long a put option on 1 share with a strike price (X) of $43. The cost put (premium) was $2. Is the option "In-TheMoney" (ITM), "Out-of-The-Money" (OTM) or "At-The-Money" (ATM)? * (5 Points) ITM OTM ATM
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
6th Edition
1599180219, 978-0139043437
