Question
What does it mean for an option to be in the money? 1. It means that the option has a premium that is less than
What does it mean for an option to be in the money?
1. | It means that the option has a premium that is less than the strike price | |
2. | It means that the option has a premium that is more than the strike price | |
3. | For a call it means that the strike price is more than the stock price and for a put it means that the strike price is less than the stock price | |
4. | For a call it means that the strike price is less than the stock price and for a put it means that the strike price is more than the stock price |
Suppose I have an option that has the following Contract Name: PEP191011P00127000
Which of the following is true?
A. | This is a call option on Pepsico | |
B. | This is a put option on PepsiCo | |
C. | This is an option on Pepsico but we do not know if it is a call or a put | |
D. | None of the above are true |
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