20 . Which one of the following options is out - of the - money ? A . call with a $20 strike and a stock price of $21 B . put with a $35 strike and a stock price of $33 C . call with a $45 strike and stock price of $46 D. put with a $75 strike and a stock price of $70 E . call with a $50 strike and a stock price of $49