What is the intrinsic value of the August 25 call?
KNJ (KNJ)Underlying share price: 30.86
$\begin{array}{|l|l|l|l|}
\hline && Call & Put \
\hline Expiration&Strike&Last&Last\
\hline \text { Aug } & 25 & 6.15 & .05\
\hline \text { Nov } & 25 & 6.60 & .10 \
\hline \text { Aug } & 35 & .10 & 4.60 \
\hline \text { Nov } & 35 & .70 & 5.10\
\hline
\end{array}$

Question

What is the intrinsic value of the August 25 call?
KNJ (KNJ)Underlying share price: 30.86
$\begin{array}{|l|l|l|l|}
\hline  && Call & Put \
\hline Expiration&Strike&Last&Last\
\hline \text { Aug } & 25 & 6.15 & .05\
\hline \text { Nov } & 25 & 6.60 & .10 \
\hline \text { Aug } & 35 & .10 & 4.60 \
\hline \text { Nov } & 35 & .70 & 5.10\
\hline
\end{array}$

Quizplus · Accepted Answer

Intrinsic value is the difference between the strike price and the underlying share price. In this case, the intrinsic value of the August 25 call is €30.86 - €25 = €5.86.

What Is the Intrinsic Value of the August 25 Call