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Question 5 1.25 pts A European put option on Pfizer (PFE) has a strike of $30. Describe whether the option is in-the-money (ITM), out-the-money (OTM),

Question 5 1.25 pts A European put option on Pfizer (PFE) has a strike of $30. Describe whether the option is in-the-money (ITM), out-the-money (OTM), or at-the-money (ATM) in the following scenarios: The current price of PFE is $25. ITM ATM Question 6 1.25 pts The current price of PFE is $28. ITM OTM ATM

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