Solved

In June 2020, an Investor Buys Call Options on Amgen

Question 22

Multiple Choice

In June 2020, an investor buys call options on Amgen stock with an exercise of price of $65 and expiring in January 2022. If the stock price in June 2021 is $60, then these options are
I.in-the-money;
II.out-of-the-money;
III.a LEAPS option


A) I only
B) II only
C) III only
D) II and III only

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions