Problem You have decided to purchase 2/15/2019 put contracts on the DJIA with an exercise price of $246. Each contract is for 100 shares. "DJX (1/100 DOW JONES INDUSTRIAL AVERAGE) Jan 21, 2019 @ 15:52 ET LAST 247.06 Calls Last Net Bid Ask Vol IV Delta Gamma int 4.1 +1,405 4.35 4.55 3 0.1432 0.5427 0.0406 15 4 +1.73 3.75 395 401 0.1406 05016 0.0416 17 32 131 3.25 3.45 14 0.1403 0.46 0.0415 2 27 -1.14 2.77 2.921 0.1411 0.4197 0.04065 02/15/2019 A Puts Strike Last Net Bid Ask Vol M Delta Gamma Int DJ 246.000 3.75 -1.6 3.45 3.65 10 0.1514 -0.457 0.0384 50 DT 747 020 4.32 -1.58 385 41 2 0.1499 -0.4957 0039 0 DJ 243 090 0 0 43 46 0 0.1487 -0.5351 0.0392 0 0 249 000 4.85 5.1 0 0.147 -0.5748 0.0391 3 Source: CBOE.com Questions: How much money will this purchase cost you? Is this option in-the-money or out-of-the-money