At-the-money Call options only have time value and no intrinsic value True False Question 2 (1 point) When you are long a Put option, the most you can lose is the premium you paid True False Question 3 (1 point) A European put option gives its holder the right to buy the underlying asset at the exercise price on or before the option expiration date sell the underlying asset at the exercise price on or before the option expiration date buy the underlying asset at the exercise price only at the option expiration date sell the underlying asset at the exercise price only at the option expiration date