A Call Option Whose Exercise Price Is Less Than the Spot

question 65

Multiple Choice

A call option whose exercise price is less than the spot price is said to be:

• A) in-the-money.
• B) at-the-money.
• C) out-of-the-money.
• D) under-the-spot.

---

Definitions:

Fields

Defined elements in a database or a form that hold specific pieces of data, such as names, addresses, or phone numbers.

Extensible Markup Language

A markup language that defines a set of rules for encoding documents in a format that is both human-readable and machine-readable.

Tags

Keywords or terms assigned to pieces of information (such as digital files, images, or posts) to help describe an item and allow it to be found again by browsing or searching.

CSV

Stands for Comma-Separated Values, a file format that uses commas to separate values, making it easier to import or export tabular data between programs.