What term is used for an option with a positive intrinsic value?
A) Put option
B) Over the counter
C) In the money
D) Call option

Question

Quizplus · Accepted Answer

An option with a positive intrinsic value is called "in the money". The strike price of the option is favorable compared to the current market price of the underlying asset, resulting in a profit if the option is exercised. The other options listed (A) put option, (B) over the counter, and (D) call option, do not specifically refer to options with positive intrinsic value.

What Term Is Used for an Option with a Positive