Use the following table to identify and describe the in-the-money, at-the-money, and out-of-the money for both call and put options in relation to the strike price. That is, at what price or range of prices would a call option or put option be in-the-money, at-the-money, and out-of-the money and why.

Corn Options Premiums - 5,000 bu.* Strike Price ($) Call Option ($) Put Option ($) 1.80 0.20125 0.02500 1.90 0.11250 0.12500 2.00 0.4750 0.47500 2.10 0.1750 0.11750 2.20 0.0625 0.20625 2.30 0.0250 0.30250