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Provide Explanation Deeble Construction Co.s stock is trading at $30 a share. There are also call options on the companys stock, some with an exercise

Provide Explanation

Deeble Construction Co.s stock is trading at $30 a share. There are also call options on the companys stock, some with an exercise price of $25 and some with an exercise price of $35. All options expire in three months. Which of the following best describes the value of these options?

a.

The options with the $25 exercise price have an exercise value equal to $5.

b.

The options with the $35 exercise price have an exercise value greater than $0.

c.

The options with the $25 exercise price will sell for less than the options with the $35 exercise price.

d.

The options with the $25 exercise price will sell for $5.

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