If the spot price is 100, a call option with a strike of 90 is called Question 2 options: in the money out of the money at the money by the money
Added by Susan M.
Step 1
A call option is considered "in the money" if the current spot price is above the strike price. It is "out of the money" if the spot price is below the strike price, and "at the money" if the spot price is equal to the strike price. Show more…
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