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Which of the following statements are true/false: I: A call option with a strike price less than the current stock price has zero intrinsic value
Which of the following statements are true/false:
I: A call option with a strike price less than the current stock price has zero intrinsic value but is still valuable.
II: A put option with a strike price less than the current stock price has zero intrinsic value but is still valuable.
A. | I is true, II is false
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B. | I is false, II is true
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C. | I and II are both false | |
D. | 1 and II are both true |
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