A put option with a strike price 1 point
less than the current spot price
is said to be
O
In-The-Money
O At-The - Money
O Out-of-Money
O None of Above
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Answer:
A call option is in the money (ITM) if the market price is above the strike price. A put option is in the money if the market price is below the strike price. An option can also be out of the money (OTM) or at the money (ATM). In-the-money options contracts have higher premiums than other options that are not ITM.
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