You Own Two Call Option Contracts on ABC with a Strike

question 83

Multiple Choice

You own two call option contracts on ABC with a strike price of €15.When you purchased the shares the option price was €1.20 and the share price was €15.90.What is the total intrinsic value of these options if ABC is currently selling for €14.50 a share?

• A)-€280
• B)-€180
• C)-€100
• D)€0
• E)€100

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