Assuming the same expiration date, an option with a ____ exercise price has a ____ call option premium and a ____ put option premium.

Question

Quizplus · Accepted Answer

A higher exercise price results in a lower call option premium because the option is less likely to be exercised profitably. Conversely, it results in a higher put option premium because the option is more likely to be exercised profitably.

Assuming the Same Expiration Date, an Option with a ____