An investor purchases a put option with a strike price of $100 for $3. This option is considered "in the money" if the underlying is trading:

a.below $100

Explanation:

When a Put option is considered "in the money", it means that the underlying stock is trading at a value less than the strike price.

This is because with Put options, a person makes a profit if the underlying stock decreases to a value lower than the Strike Price because the Put option gives them to right to sell at the Strike price which means they would be selling at a value higher than the Market.

The above Put is therefore "in the money" if the underlying is selling less than the Strike price of $100.

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you can lose ranking 2 ways.

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2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

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look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

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