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You wrote a put option on stock XYZ. The strike price is $50, and the stock price is currently $55. Which of the following is
You wrote a put option on stock XYZ. The strike price is $50, and the stock price is currently $55. Which of the following is correct?
a. | The put is in the money, because 50 < 55 | |
b. | The put is out of the money, because 50 < 55 | |
c. | The put is in the money, because you are the writer | |
d. | The put is out of the money, because you are the writer |
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