If a Microsoft January 20 Call Option with a Strike

question 119

Multiple Choice

If a Microsoft January 20 call option with a strike price of $20 was selling for $2.00 and the market price of the underlying Microsoft stock was $25.62, the call option would be _______________.

• A) in-the-money
• B) out-of-the-money
• C) fairly priced
• D) flat priced

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Definitions:

Controller

A device or set of devices that manage, command, direct, or regulate the behavior of other devices or systems using control loops.

Scan Time

The time taken by a programmable logic controller (PLC) to read inputs, execute logic, and update outputs, crucial for the timing of control processes.

Scan Time

The amount of time it takes for a PLC to complete one cycle of reading input conditions, executing logic, and updating outputs.