ain Question Set 10 A European equity-option contract has a strike price of $170, an expiration date of 30-Feb-2020, and a delta of 0.596. Which of the following is NOT true about this option contract? The holder can only exercise the option on 30-Feb-2020. The holder of the option has the right to buy the stock for $170 per share. If the stock price goes up by a dollar, the option price will fall by 59.6 cents. if the stock price goes up to $175, the holder is better off not exercising the option at expiration