You are looking into an option on the Theta Corporation Stock.

The relevant option data is:

Current Stock Price $225.25

Strike price for Call Option $223.75

Cost of Put Option $5.35

Risk free (rf) rate on an annual basis 5.00%

Time Period of the Option is 4 months

What is the approximate intrinsic value of the Call Option?

Intrinsic Value of the Call Option = $10.66

Intrinsic Value of the Call Option = $10.64

Intrinsic Value of the Call Option = $10.36

Intrinsic Value of the Call Option = $10.46