A European call option on Vanderlay Industries has a strike price of $30. The time to maturity is three months. The volatility of the stock is 40%. Vanderlay is currently trading at $28. The Delta, Vega, and Theta are 0.51, 0.26, and 0.06, respectively. Assuming volatility is constant and the stock price remains unchanged until maturity, which of the following statements is most accurate?

The option will lose value as it approaches maturity and expire worthless

The option can be exercised today for a profit of $2

The option will gain value as it approaches maturity and be worth $2 at expiration

The option will lose value as it approaches maturity and will be worth $2 at expiration