If a buyer of a particular share purchased a call option on it at a strike price of $15 and the share is selling for $12 on the expiration date,the call option is worth $0.

Name: If a buyer of a particular share purchased a call option on it at a strike price of $15 and the share is selling for $12 on the expiration date,the call option is worth $0.
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Question

Quizplus · Accepted Answer

The option has expired out-of-the money as the strike price is more than the actual price.

If a Buyer of a Particular Share Purchased a Call