The current market price of a share of Boeing stock is $114.26. Both call and put options on this stock have a strike price of $70, the call is ______ and the put is ______. The call would sell for a ______ and the put would sell for a___________.

a.

out of the money; in the money; higher price than if the market price of Boeing stock is $109.26; lower price than if the market price of Boeing stock is $109.26.

b.

out of the money; in the money; lower price than if the market price of Boeing stock is $109.26; higher price than if the market price of Boeing stock is $109.26.

c.

in the money; out of the money; higher price than if the market price of Boeing stock is $109.26; lower price than if the market price of Boeing stock is $109.26.

d.

out of the money; in the money; higher price than if the market price of Boeing stock is $109.26; higher price than if the market price of Boeing stock is $109.26.

e.

none of the others