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Suppose you own a call option on a share of stock that has five days until the expiration date. The underlying asset is currently trading

Suppose you own a call option on a share of stock that has five days until the expiration date. The underlying asset is currently trading for $100 per share, but over the last year the stock traded as high as $120 and as low as $85. What could we infer about the premium of this option?

  • Greater than $10
  • Equal to $10
  • Greater than $30
  • Less than $10

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