6. Your Aunt Agatha purchased a call option a few months ago. Today is the expiration date, so she must decide whether to exercise the option. Which of the following statements is correct? Do not consider brokers' commissions in your answer. a. Aunt Agatha doesn't need to make a decision about exercising the option today, in fact, it would be better if she waited until after the option expires. Cengage Learning Testing. Powered by Cognero Page 1 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. ECON-352 HW2 b. Aunt Agatha should exercise the option if the price of the stock is less than the exercise, or strike, price. c. Aunt Agatha should exercise the option if the price of the stock is greater than the exercise, or strike, price. d. Aunt Agatha should exercise the option, regardless of the current stock price. e. None of the above