Which of the following statements is most correct, holding other things constant, for XYZ Corporation's traded call options?

a.) If XYZ's stock price stabilizes (becomes less volatile), then the price of its options will increase.

b.) The price of these call options is likely to rise if XYZ's stock price rises

c.) If XYZ pays a dividend, then its option holders will not receive a cash payment, but the strike price of the option will be reduced by the amount of the dividend.

d.) The price of these call options is likely to rise if XYZ's stock price falls.

e.) none of the above