Exhibit 30.3 shows out-of-the-money (OTM) put options, at-the-money (ATM)
put options, and in-the-money (ITM) put options. Put options are ATM when the
price/strike is near 100%, OTM below 100%, and ITM above 100%.
is this wrong? put option is OTM when price/strike > 100% and ITM when price/strike <100%