On October $23,$ the closing exchange rate of British pounds was $$1\mathrm{.}80.$ Calls which would mature the following January with a strike price of $$1\mathrm{.}85$ were traded at $$0\mathrm{.}10.$ Were the call options in the money, at the money, or out of the money and why?

in the money.

at the money.

out of the money.

below the money.

above the money.