On March 30 you are holding a call option with an exercise price of $60 that will expire on March 31. The closing price of the stock on March 30 is $59. What is the value of your call option?
A) $1
B) -$1
C) Minimal value
D)Zero

Question

Quizplus · Accepted Answer

There is no value to immediately exercising the option but there is one more day to expiration, so the option has some minimal value.

On March 30 You Are Holding a Call Option with an Exercise