A call option with a strike price less than the current spot price is said to be _____.
A) non-exercisable
B) in-the-money
C) out-of-the-money
D) at-the-money

Name: A call option with a strike price less than the current spot price is said to be _____. A) non-exercisable B) in-the-money C) out-of-the-money D) at-the-money
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Question

Quizplus · Accepted Answer

A call option with a strike price less than the current spot price is said to be in-the-money, as exercising the option immediately would result in a profit for the holder.

A Call Option with a Strike Price Less Than the Current