8. The delta of an option (the change in the value of an option for a dollar change in the price of the underlying asset) is between ( ) and ( ) for Call option and between ( ) and ( ) for Put option. a) 0,1,1,0 b) 1,0,0,1 c) 2,1,1,2 d) 1,1,1,2 9. In case of out-of-the-money option, the intrinsic value can be negative. a) True b) False 10. The maximum value of the long call on stock is the underlying stock price. a) True b) False 11. As exercise price increases, the call option price increases. a) True b) False