Decimal Multiplication: Place the Decimal Point in 0.2 × 0.55 = 011

To address this problem, we must first carry out the multiplication between $0.2$ and $0.55$, removing the decimals temporarily to simplify the process and then adjust for them correctly in the final product.

Step 1: Convert the decimals to whole numbers.
Rewrite $0.2$ as $2$ (by multiplying by $10$) and $0.55$ as $55$ (by multiplying by $100$).

Step 2: Multiply these whole numbers.
Calculate $2 \times 55 = 110$.

Step 3: Determine where the decimal point should be placed in the result.
- The original number $0.2$ has 1 decimal place.
- The original number $0.55$ has 2 decimal places.
Thus, the total number of decimal places required is $1 + 2 = 3$.

Step 4: Apply these decimal places to the product.
Move the decimal point three places from the right in $110$ to get $0.110$.

Therefore, the correct placement of the decimal point in the product is $0.110$.

Consequently, the choice corresponding to this solution is:$0.110$