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SIE: Equity Securities
SIE practice questionmediumIn/Out/At the money

A call option with a $25 strike is at the money when the stock is at:

  1. A$25.00✓ Correct answer
  2. B$24.99
  3. C$26.50
  4. D$23.00
Explanation

Why A$25.00

An option is at-the-money when the stock equals the strike. Other values would make it in or out of the money.

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