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Assume the current market prices for UUU, WWW, XXX, YYY, and ZZZ are $24.15, $7.50, $33.00, $25.68, and $83.98 respectively. Determine whether the following options

Assume the current market prices for UUU, WWW, XXX, YYY, and ZZZ are

$24.15, $7.50, $33.00, $25.68, and $83.98 respectively. Determine whether

the following options are in, at, or out of the money. Let 1 be "in",

0 be "at", and -1 be "out".

1. A put option you are holding on UUU stock has a strike price of $24.00.

The put premium on the option was $0.16 per share when you bought it ?

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