Question

b. Form the table above, list which options are in-the money (both call and puts)

Answer 1

Assuming (a) has already been answered.

for (b)

We know, a call is in the money when Current price(S)> Strike(K)

and a put is in the money when, Strike(K)> Current Price.

Note: This stands true regardless of the tenure.(may, june or July)

Current Price	1.22034
Strike(K)(dollar/euro)	Call	Put
1.21	In the money	Out of the money
1.22	In the money	Out of the money
1.24	Out of the money	In the money
1.25	Out of the money	In the money