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XYZ is trading at $62.11. Call options with a strike price of $60.00 and a June 2021 expiration are trading at a premium of $4.40.

  1. XYZ is trading at $62.11. Call options with a strike price of $60.00 and a June 2021 expiration are trading at a premium of $4.40.

  1. The option would be: Circle ( In-the-money At-the-money or Out-of the money)

  1. What is the fundamental value of the option:

Fundamental Value = _________________

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