The current price of a stock is 80

The current price of a stock is 80. Both call and put options on this stock are available for purchase at a strike price of 65. Determine which of the following statements about these options is true. (A) Both the call and put options are at-the-money. (B) Both the call and put options are in-the-money. (C) Both the call and put options are out-of-the-money. (D) The call option is in-the-money, but the put option is out-of-the-money. (E) The call option is out-of-the-money, but the put option is in-the-money. 3- Suppose Z Inc put with exercise price of $40 is selling for $0.20 What is the payoff and the profit to the put option holder if the stock price at expiration (strike price) is: $30 35 40 45 50 (A) What is the breakeven point for the investor? (B)What is his maximum gain/loss from each transaction? (C) What is the payoff for the put writer? (D)Specify his maximum gain/loss from each transaction