Question
You purchase a call option with a strike price of $65 and the underlying security is currently trading at $67.42. This contract would be called
You purchase a call option with a strike price of $65 and the underlying security is currently trading at $67.42. This contract would be called ________________.
a. Out of the Money
b. At the Money
c. Please may I have some Money
d. In the money
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77835425, 978-0077835422
