A stock is currently priced at $44 a share while the $45 call option is priced at $1.22. The call option delta is .86. What is the approximate call price if the stock increases in value to $45?
A)$.12
B)$.26
C)$.96
D)$1.98
E)$2.08

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The Answer of A stock is currently priced at $44 a share while the $45 call option is priced at $1.22. The call option delta is .86. What is the approximate call price if the stock increases in value to $45?
A)$.12
B)$.26
C)$.96
D)$1.98
E)$2.08

A Stock Is Currently Priced at $44 a Share While