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Last week, you purchased one call option contract on DI stock with a strike price of $32.50 and an option price of $1.05. What is
Last week, you purchased one call option contract on DI stock with a strike price of $32.50 and an option price of $1.05. What is the intrinsic value per share of stock if DI is currently priced at $34.10?
A. | $.93 | |
B. | $0 | |
C. | $2.15
| |
D. | $1.60 | |
E. | $.55 |
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