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You are interested in taking a long call option on Tesla, with a premium of $90.92 and an expiration date of Jan. 15, 2021. If
You are interested in taking a long call option on Tesla, with a premium of $90.92 and an expiration date of Jan. 15, 2021. If the Tesla stock price is at $489.92 what is the time value of your call option at the time of purchase? How does the time value change as the option gets closer to the expiration date.
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