A call option whose exercise price exceeds the spot price is said to be:
A) in-the-money.
B) at-the-money.
C) out-of-the-money.
D) over-the-spot.
Answer: C
Business
A) in-the-money.
B) at-the-money.
C) out-of-the-money.
D) over-the-spot.
Answer: C