Walmart Inc. (symbol: WMT) common stock currently trades at $106.76per share.

Jack is considering buying a calloption on WMT. He is given the following option, which will expire on 4/17/20.

[Table 5.1 Call price]

Strike	Call premium	ITM or OTM?
105	$9.90

Jill is considering buying a put option on WMT. She is given the following option, which will expire on 4/17/20.

[Table 5.2 Put price]

Strike	Put premium	ITM or OTM?
105	$8.00

A. (5 pts) Indicate if the 105-strike call option is in-the-money (ITM) or out-of-the-money (OTM)?

B. (5 pts) Indicate if the 105-strike put option is in-the-money (ITM) or out-of-the-money (OTM)?

C. (5 pts) If on April 17, 2020, WMT trades at $100, explain if Jack or Jills trade will be profitable.

D. The 105-strike call and 105-strike put were both sold at lower prices 5 days ago. Explain in one sentencewhy both call and put options have become more expensive.