This is a homework question, but can explain to me how to determine "in-the-money" vs "out-of-the-money" call options based on the table below?
The image above is a newspaper style quote. The first 3 lines are a snapshot taken on Oct 20th, the latter 3, on Nov 17. Intel closed at $23.34 on 10/20 and at $25.18 on Nov 17. Instead of a list of expirations and strikes, the paper printed 2 strikes (for Jan) and 2 expirations (for the $25 strike) for both calls and puts. There's no bid/ask, just the last trade.