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Question 1 (1 point) Saved You own a call option that is going to expire soon. The current stock price is $52 and the strike
Question 1 (1 point) Saved You own a call option that is going to expire soon. The current stock price is $52 and the strike price of your option is $55. Which of the following statements is true? a) You should exercise the call option to make a profit. b) Your option is out of the money. c) All of the statements are false. d) The option seller will gain $3 per share when the option is exercised. e) You have the obligation to buy the stock for $55. Next Page Page 1 of 4
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