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Options Example 1 Call and Put Options for Apple (AAPL) Underlying stock price: 287.25 Expiration Strike Call Call Call Put Put Put Price Volume Open

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Options Example 1 Call and Put Options for Apple (AAPL) Underlying stock price: 287.25 Expiration Strike Call Call Call Put Put Put Price Volume Open Interest Price Volume Open Interest (1) (2) (3) (4) (5) (6 (7) 8) Mar 320.00 2.53 313 1,445 34.00 13 349 Jun 320.00 10.70 400 14,900 46.26 10 3,061 Sep 320.00 16.70 15 14,062 50.45 13 1,172 Dec 320.00 20.50 14 688 56.49 1 1,088 (a) Which contracts are in the money? (b) Which contracts are out of the money

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