ABC stock is currently trading at a market price (S) of $50. You do not own the stock, but you are short a call option on 1 share with a strike price (X) of $55. The option premium (cost/proceeds) was $1.50. What are the option's Intrinsic and Time Values?' (5 Points) Intrinsic Value =$1.50 Time Value =$0.00 Intrinsic Value =$0.001 Time Value =$1.50 Intrinsic Value =$0.75 Time Value =$0.75 Intrinsic Value =$0.00 Time Value =$0.00