The skimming pricing strategy is appropriate in the mature phase of the product life cycle

Which of the following phrases is used to describe an option where the strike price is approximately equal to the asset price?

A) At-the-money B) In-the-money C) Near-the-money D) Out-of-the-money

A holder must actually have the instrument in his possession

a. True b. False Indicate whether the statement is true or false