Last week,you purchased a call option on Edgewater stock with a strike price of $40.The stock price was $39.80 and the option price was $0.45 at that time.What is the intrinsic value per share if the stock is currently priced at $39.10?
A) -$90
B) -$70
C) $0
D) $70
E) $90
Correct Answer:
Verified
Q61: You sold ten put contracts on Cross
Q62: This morning,you purchased a call option on
Q63: The common stock of Westover Foods is
Q64: The assets of Uptown Stores are currently
Q65: You recently purchased three put option contracts
Q67: Three months ago,Central Supply stock was selling
Q68: The common stock of Hazelton Refiners is
Q69: You own one call option with an
Q70: Electronic Importers has a pure discount bond
Q71: You wrote eight call option contracts with
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents