单选题 Consider two options A and B. Option A has a strike price of $40 and is selling in the market for $ 4. Option B has a strike price of $32 and is selling in the market for $3. The underlying assets for the options, Stock A and Stock B, have a current market price of $ 43 and $ 29, respectively. Which of the following are most likely TRUE about option A and option B? Option A Option B A. Expiring call In-the-money put B. In-the-money put Expiring call C. In-the-money call Expiring put

【正确答案】 C

【答案解析】Since option A has a strike price lower than the stock price, it could be a call option. Assuming it is a call option, option A has the following intrinsic value: 43-40=3. Option A has a premium greater than the intrinsic value which indicates there is time value left and it is not about to expire. Since option B has a strike higher than the stock price, it could be a put. Assuming it is a put option, option B has an intrinsic value equal to 32-29=3. The intrinsic value is equal to the premium for option B, indicating no time value. Option B is about to expire.