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Which one of the following statements is not true? O An American style out-of-the-money call option can have a positive value. O A $30 call

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Which one of the following statements is "not" true? O An American style out-of-the-money call option can have a positive value. O A $30 call option has more intrinsic value than a $25 call option on the same underlying asset. The time value of an option is equal to the option premium minus the intrinsic value. The value of an American style option is not less than the value of a European style option. A call with a strike price of $23 and a stock price of $25 has positive intrinsic value

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