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Suppose the current spot rate for Canadian dollar is U.S. $ 0.7400. A put option on Canadian dollar with an exercise price of U.S. $0.7550
Suppose the current spot rate for Canadian dollar is U.S. $ 0.7400. A put option on Canadian dollar with an exercise price of U.S. $0.7550 and option premium $0.022 per Canadian dollar is said to be
A. | a break-even option. | |
B. | out of the money | |
C. | at the money | |
D. | in the money |
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