What Is the Meaning of an "In the Money Call

question 23

Multiple Choice

What is the meaning of an "in the money call option"?

• A)A call option is in-the-money when the market price means that it will expire un-exercised.
• B)A call option is in-the-money if the market price of the share equals the exercise price.
• C)A call option is in-the-money if the market price of the share is less than the exercise price.
• D)A call option is in-the-money if the market price of the share exceeds the exercise price.

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Definitions:

Photoreception

The biological process by which organisms detect and respond to light, primarily through specialized light-sensitive cells.

Precognition

The purported psychic ability to see events in the future before they happen, outside the boundaries of known physical mechanisms.

Sensatory Receptors

Specialized cells or nerve endings that respond to changes in the environment by generating electrical signals.

Sensory Adaptation

The process by which sensory receptors become less sensitive over time when they are exposed to constant stimuli.