The Maximum Price for a Call Option Is

question 110

Multiple Choice

The maximum price for a call option is:

• A) the stock price.
• B) the strike price.
• C) the intrinsic value.
• D) the stock price minus the strike price.
• E) There is no upper limit for a call price.

---

Definitions:

Jaws

The bony structure in the head of most vertebrates that holds the teeth and is used for biting and chewing.

Chordate Nerve Cord

The Chordate Nerve Cord is a dorsal, hollow nerve cord found in all chordates, including humans, that develops into the spinal cord and brain.

Ventrally

Pertaining to the belly or underside of an animal or organism; the opposite of dorsally, which refers to the back or upper side.

Chordate Notochord

A flexible rod made out of a material similar to cartilage that provides support in all chordates at some stage of their development.