Which One of the Following Is Correct for the Owner

question 91

Multiple Choice

Which one of the following is correct for the owner of a June call, valued at $3, on XYZ Corp. with a strike price of $60? XYZ Corp. currently trades at $55.

• A) XYZ stock will go to $63 per share within the option period.
• B) The option should be exercised now.
• C) The option owner's current profit is $3 per share.
• D)The option may expire without value.

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Definitions:

Toxins

Substances that are poisonous or harmful to organisms, produced naturally by living things or created artificially.

Serving Size

A standardized amount of food that helps determine nutritional content, often used for dietary guidelines and food labeling.

Neophobia

An extreme or irrational fear or dislike of anything new, novel, or unfamiliar.

Waistlines

The measurement around the narrowest part of the waist, often used as an indicator of health and fitness.