When the Exercise Price of a Call Option Is Higher

question 41

Multiple Choice

When the exercise price of a call option is higher than the current price of the stock,the option is said to be:

• A)at-the-money.
• B)in-the-money.
• C)out-of-the-money.
• D)trading at par.
• E)trading below par.

---

Definitions:

Respiratory Rate

The number of breaths a person takes per minute, which is a critical vital sign in assessing a person's respiratory function.

Mindfulness

A mental state achieved by focusing one's awareness on the present moment, while calmly acknowledging and accepting one's feelings, thoughts, and bodily sensations.

Calm the Mind

A state or process of making one's mind peaceful and free from stress or anxiety.

Biofeedback

A technique that teaches individuals to control bodily processes that are typically involuntary, like heart rate, using monitoring devices.