Given the following list of US sterling currency options (all with three months to run) and the fact that the current spot rate is $1.55/£, which option do you expect to have the highest market value?...

Given the following list of US sterling currency options (all with three months to run) and the fact that the current spot rate is $1.55/£, which option do you expect to have the highest market value?

(a) Put option, strike price $1.55;

(b) Call option, strike price $1.66;