On March 30 You Are Holding a Call Option on a Stock

question 28

Multiple Choice

On March 30 you are holding a call option on a stock (exercise price of $60) ,which will expire on March 31.The closing price of the stock on March 30 is $59.What is the value of your call option?

• A) $1
• B) - $1
• C) Very little
• D) Zero

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Definitions:

Sympathetic Responding

Showing compassion and solidarity towards someone's situation or feelings, often leading to support or assistance.

Empathic Responding

The practice of demonstrating understanding and sharing in another person’s emotional experience, aiming to support and validate their feelings.

Reciprocal Level

A mutual relationship or arrangement whereby two parties provide or exchange similar benefits or actions.

Empathic Response

An emotional understanding and sharing of another person's feelings or experiences.