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You bought a put option with a strike price of 45 on fox

You bought a put option with a strike price of $45 on Fox stocks that are currently selling at $55 a share. The put option is trading at $4

a. Are your put options in the money, at the money, or out of money?

b. Calculate the Exercise price of the put option.

c. What is the time value of your put option?

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Finance Basics: You bought a put option with a strike price of 45 on fox

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Finance Basics: You bought a put option with a strike price of 45 on fox

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