An Option Is ______________ If Its Exercise Price Is Equal

question 24

Multiple Choice

An option is ______________ if its exercise price is equal to the current market price of the underlying asset.

• A)in-the-money
• B)out-of-the-money
• C)at-the money
• D)on-the-money

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Definitions:

Secondary Category

A further division within a primary classification, used to organize and group items or information more specifically.

Sexual Orientation

Sexual orientation is an enduring pattern of emotional, romantic, or sexual attractions to men, women, both sexes, neither sex, or another sex. It also refers to a person's sense of identity based on those attractions, related behaviors, and membership in a community of others who share those attractions.

Primary Category

A primary category is the main or leading group or classification within a broader system or framework.

Geographic Location

The specific physical position of a person or thing, often described by coordinates of longitude and latitude, or a regional description.