Which of the Following Statements Are Correct

Multiple Choice

Which of the following statements are correct?
I.As the standard deviation of the returns on a stock increase,the value of a put option increases.
II.The value of a call option decreases as the time to expiration increases.
III.A decrease in the risk-free rate increases the value of a put option.
IV.Increasing the strike price increases the value of a put option.

A) I and III only
B) II and IV only
C) I and II only
D) I, III, and IV only
E) I, II, and III only