The Current Market Price of a Share of TSCO Stock

Multiple Choice

The current market price of a share of TSCO stock is $75. If a put option on this stock has a strike price of $79, the put

A) is out of the money.
B) is at the money.
C) can be exercised profitably.
D) is out of the money and can be exercised profitably.
E) is in the money and can be exercised profitably.