An Out-Of-The-Money Call Option Is Best Defined as an Option

An out-of-the-money call option is best defined as an option that:

A) has an exercise price below the current market price of the underlying security.
B) should not be exercised at this time.
C) has an exercise price equal to the current market price of the underlying security.
D) has expired.
E) qualifies as an American option.