You own two call option contracts on ABC stock with a strike price of $15.When you purchased the shares the option price was $1.20 and the stock price was $15.90.What is the total intrinsic value of these options if ABC stock is currently selling for $13.50 a share?
A) -$280
B) -$180
C) $0
D) $100
E) $180
Correct Answer:
Verified
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