Question: Use the table below to answer the following: Soybean Options Premiums 5,000 bu.* Strike Price ($) Call Option ($) Put Option ($) 361 0.2112 0.0433

Use the table below to answer the following:

Soybean Options Premiums 5,000 bu.*

Strike Price ($)

Call Option ($)

Put Option ($)

361

0.2112

0.0433

410

0.1325

0.1256

450

0.2123

0.2123

556

0.1750

0.11750

a. (10pts) Where is the out-of-the-money level? Explain your reasoning.

b. (10pts) Where is the at-of-the-money level? Explain your reasoning.

c. (10pts) Where is the in-of-the-money level? Explain your reasoning.

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