Determine which of the following statements about options is true. 

(A) Naked writing is the practice of buying options without taking an offsetting position in the underlying asset. 

(B) A covered call involves taking a long position in an asset together with a written call on the same asset. 

(C) An American style option can only be exercised during specified periods, but not for the entire life of the option. 

(D) A Bermudan style option allows the buyer the right to exercise at any time during the life of the option.

(E) An in-the-money option is one which would have a positive profit if exercised immediately