You Own a Call Option with Time to Expiration

question 10

Multiple Choice

You own a call option with time to expiration. The common stock is selling for $15 and your exercise price is $12, this option:

• A) must be sold to the writer.
• B) is in-the-money.
• C) is out-of-the-money.
• D) must be offset by a put.

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Definitions:

Unintentional Injuries

Injuries that occur without the intent to harm, often resulting from accidents.

Leading Cause

A primary factor or condition that is the most common or most significant contributor to an outcome or event, such as a disease or death.

Heart Disease

A broad term referring to various heart-related conditions, including coronary artery disease, arrhythmias, and heart failure, that impair the heart's ability to function properly.

Unintentional Injuries

Harm that happens unintentionally, usually as a result of accidents.