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Put option with the strike of $20 selling for $3.75. If the stock price is $12.50. Choose the correct statement a- Intrinsic value of this

Put option with the strike of $20 selling for $3.75. If the stock price is $12.50. Choose the correct statement
a- Intrinsic value of this option is $20.00
b-Intrinsic value of this option is $12.50
c-The put option will be exercised , since the put is in- the money
d- The maximum gain to the writer of this option is $20 .

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