We can also trade OPTIONS on FUTURES.

Assuming Crude for delivery May $2024$ is currently $$80$ barrel, which of these options also expiring in May would you say is close to WORTHLESS $($or being sold very, very cheap$)$

Question $6$ options:

A CALL option with Strike $$60$

A PUT option with Strike $$20$

A CALL option with Strike $$50$

A PUT option with Strike $$90$