You own a European call option with a maturity of 1-year and strike price of $40. The current stock price is $38. As time passes, the stock price, stock volatility and the risk-free rate stay constant. As time passes, the option price:

		Increases and approaches zero value as it nears maturity
		Decreases and approaches $2 as it nears maturity
		Decreases and approaches zero value as it nears maturity
		Increases and approaches $2 as it nears maturity
		None of the above are true