If a call has a positive intrinsic value at expiration the call is said to be:
A) funded.
B) unfunded.
C) at the money.
D) in the money.
E) out of the money.

Question

Quizplus · Accepted Answer

A call is said to be "in the money" at expiration if its intrinsic value is positive. This means the stock price is above the strike price for a regular call option, making it profitable for the holder to exercise the option and buy the stock at the lower strike price.

If a Call Has a Positive Intrinsic Value at Expiration