单选题 An options investor purchases one put option on March coffee futures. The put has the following characteristics: Type of option put option Underlying asset 1 March coffee futures contract(37500pounds) Exercise price $ 0.775 per pound Premium $ 0.0425 per pound Expiration date March The current price (futures price) of the March coffee futures contract is $ 0.762 per pound. This LONG put option is: A. in the money in the amount of $ 0.013 per pound. B. in the money in the amount of $ 0.7325 per pound. C. out of the money in the amount of $ 0.762 per pound.

【正确答案】 A

【答案解析】Since the current price is less than the exercise price, the put option is in the money. The difference between the current price and the exercise price is $ 0.013.