Question 1: ABL shares are currently trading at a price of $24, while HHT shares are trading at a price of $48.81. The risk-free rate is 1.29% per year.

a) Identify which of the following options are in-the-money, out-of-the-money or at-the-money: Call on ABL with a strike of $25.17, Call on ABL with a strike-price of $20, Put on HHT with a strike-price of $63.24