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  3. you own (are long) a call option on ibm stock with

You own (are long) a call option on IBM stock with a strike price (K)...

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Finance

  1. You own (are long) a call option on IBM stock with a strike price (K) of $110 per share with 3 months till expiration, currently IBM's stock price is trading at $100 per share. The option price (premium) is currently $3 a share, what is the time value of this option?

    A.

    $13
    B.

    $3
    C.

    $10
    D.

    $0

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