Question 14 (1 point)

A put option on Pfizer Pharmaceuticals has an exercise price of $30. The current stock price of Pfizer is $34.25. The put option is __________.

Question 14 options:

	at the money
	in the money
	out of the money
	none of the above

Question 15 (1 point)

You purchase one GM December 35 call option for a premium of $5. You hold the option until the expiration date when GM stock sells for $33 per share. You will realize a ______ per share on the investment.

Question 15 options:

	$2 loss
	$2 profit
	$7 loss
	$5 loss