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What Is the Meaning of "At-The-Money Options

Question 96

Multiple Choice

What is the meaning of "at-the-money options"?


A) An option is at-the-money when the market price means that it will be exercised.
B) An option is at-the-money if the market price of the share equals the exercise price.
C) An option is at-the-money if the market price of the share is less than the exercise price.
D) An option is at-the-money if the market price of the share exceeds the exercise price.

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