The Current Market Price of a Share of LLY Stock

Multiple Choice

The current market price of a share of LLY stock is $60. If a put option on this stock has a strike price of $55, the put

A) is in the money.
B) is at the money.
C) sells for a lower price than if the market price of LLY stock is $50.
D) is in the money and sells for a lower price than if the market price of LLY stock is $50.
E) is out of the money and sells for a lower price than if the market price of LLY stock is $50.