QUESTION 7 6.67 points Save A An investor paid $3.5 for an option that is currently cut-of-the-money If the underlying is priced at $975 which of the following best describes that option? A put option with a strike price of 5985 The information is not enough to determine the answer A call option with a strike price of $975 A call option with a strike price of $94.5 A put option with a strike price of $95.5 6.67 points Save Ans QUESTION A call option is priced at $6.25 in the market when the underlying is selling for $105.75. The option is in the money and has a time value of $2.5, what is the strike price? 104 103 102 101 100 Click Save and Submit to save and subunit. Chik Save Alerto save allowers