A call option on MSFT has an exercise price of $30. The current stock price of MSFT is $24.25. The call option is A) at the money B) in the money C) out of the money D) none of the above You buy a call option on Merritt Corp. with an exercise price of $50 and an expiration date in July and write a call option on Merritt Corp. with an exercise price of $55 with an expiration date in July. This is called a A) horizontal spread C) short straddle long straddle D) vertical spread You invest in the stock of MSFT and write a call option on MSFT. This strategy is called a A) covered call B) long straddle C) naked call D) vertical spread