Multiple Choice
In June 2017,an investor buys call options on Amgen stock with an exercise of price of $65 and expiring in January 2019.If the stock price in June 2018 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:
Verified
Correct Answer:
Verified
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