As long as the option has time remaining before expiration, the option will possess time the time value element.

Question

Quizplus · Accepted Answer

This statement is true. Time value is one of the components that make up an option's premium, and it represents the amount of time remaining before the option expires. As the option approaches expiration, the time value will decrease until it eventually reaches zero at expiration.

As Long as the Option Has Time Remaining Before Expiration