CFA® Level 1 Exam: Statement Analysis

Statement Analysis

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Which one of the following statements is true?

A. When the stock price is above the strike price, a put option is in-the-money.

B. When the stock price is below the strike price, a call option is in-the-money.

C. When the stock price is above the strike price, a put option is out-of-the-money.

D. When the stock price is below the strike price, a call option is at-the-money.

Click on the arrows to vote for the correct answer

A. B. C. D.

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