The current market price of a share of CSCO stock is $22. If a put option on this stock has a strike price of $20, the put Group of answer choices

sells for a higher price than if the strike price of the put option was $25.

is in the money and sells for a higher price than if the strike price of the put option was $25.

is out of the money and sells for a higher price than if the strike price of the put option was $25.

is out of the money.

is in the money.