Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) For an in-the-money call option the price of the underlying security is below the option's exercise price.
B) For an in-the-money call option the price of the underlying security is equal to the option's exercise price.
C) For an in-the-money call option the price of the underlying security exceeds the option's exercise price.
D) The answer to the question depends on the type of the call option.