A call is said to be "in-the-money" when the strike price is __________ the market price.
A)equal to
B)greater than
C)less than
D)may be more than one of the above, depending on the option premium

Question

Quizplus · Accepted Answer

Call options are said to be in-the-money when the market price is above the strike (or purchase) price. In-the-money is also when the strike price is less than the market price.

A Call Is Said to Be "In-The-Money" When the Strike