单选题
Don Weaver purchased a call option on Dominic InC. with an
exercise price of $20. Weaver paid $3.50 for the option, which is an
American option that expires in 90 days. Dominic does not pay any dividend, and
the stock is currently trading at $22 per share. The moneyness and intrinsic
value of this option could be best described as:
Moneyness Intrinsic
Value
①A. in-the-money
$1.50
②B. in-the-money
$2.00
③C. out-of-the-money
$1.50
【正确答案】
B
【答案解析】The option is in-the-money because it could be exercised now for a profit. The potential payoff at exercise is the intrinsic value, which would be calculated for a call option as the market price less the strike price, or $22 - 20 = $2.00. Note that the premium paid for the option has no effect on the moneyness or intrinsic value.