Based on the Relationship Between the Strike Price and the Current

Multiple Choice

Based on the relationship between the strike price and the current price, an option may be at-the-money, out-of-the-money or in-the-money.Which of the following statements is true?

A) ​A Call Option is out-of-the-money when the strike price is greater than the current price.
B) ​A Put Option is in-the-money when the strike price is greater than the current price.
C) ​A Put Option is out-of-the-money when the strike price is less than the current price.
D) ​All of the above are true.