Which of the Following Statements Are Correct Concerning Option Values,all

Multiple Choice

Which of the following statements are correct concerning option values,all else held constant? I.The value of an in-the-money call increases as the price of the underlying stock increases.
II) The value of a call decreases as the exercise price increases.
III) The value of an in-the-money put increases as the price of the underlying stock increases.
IV) The value of a put decreases as the exercise price increases.

A) I and III only
B) II and IV only
C) I and II only
D) II and III only
E) I,II,and IV only