Which of the Following Statements Is FALSE

Which of the following statements is FALSE?

A) European options allow their holders to exercise the option only on the expiration date-holders cannot exercise before the expiration date.
B) Options also allow investors to speculate, or place a bet, on the direction in which they believe the market is likely to move.
C) Call options with exercise prices above the current share price are in-the-money, as are put options with exercise prices below the current share price.
D) Options where the exercise price and the share price are very far apart are referred to as 'deep in-the-money' or 'deep out-of-the-money'.