Question

Which one of the following options is out-of-the-money?
A. call with a $20 strike and a stock price of $21
B. put with a $35 strike and a stock price of $33
C. call with a $45 strike and stock price of $46
D. put with a $75 strike and a stock price of $70
E. call with a $50 strike and a stock price of $49

Answer

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