When the Market Price of the Underlying Security Exceeds the Exercise

question 9

Multiple Choice

When the market price of the underlying security exceeds the exercise price, the

• A)call option is in the money.
• B)put option is in the money.
• C)call option is at the money.
• D)call option is out of the money.

---

Definitions:

Human Relations

Involves interactions between individuals, focusing on improving communication, morale, and engagement in a social or work setting.

Values

Core beliefs or standards that guide and influence behavior and decision-making.

Terminal Values

Deeply held beliefs about the desired end-states of life, reflecting what individuals believe to be most important or fulfilling.

Instrumental Values

Core values that dictate how we behave in order to achieve our goals, such as honesty and ambition.