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_A put option is in the money when its a. strike price is higher than the market price of the underlying security. b. strike price

_A put option is in the money when its

a. strike price is higher than the market price of the underlying security.

b. strike price is lower than the market price of the underlying security.

c. holder has made money on the options trade.

d. seller has made money on the options trade.

e. none of the above.

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