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JPMorgan Chase (JPM) closed at 141.12 and JPM Mar 145 puts closed at 5.25. The puts are:
break even point
at-the-money
in-the-money
out-of-the-money
No, sorry... Try again!
Put options are in-the-money when the market price is below the strike price.
Brilliant! How about this one?
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JPMorgan Chase (JPM) closed at 141.12 and JPM Mar 145 puts closed at 5.25. The puts are:
3 of 5 people (60%) answered this question correctly.
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