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SIE: Options
SIE practice questioneasyCall options

An investor buys a call option with a $50 strike price when the stock is trading at $55. What is the option's intrinsic value?

  1. A$55
  2. B$0
  3. C$50
  4. D$5✓ Correct answer
Explanation

Why D$5

A call option’s intrinsic value is the amount by which the stock price exceeds the strike price ($55 - $50 = $5). The other options either ignore the calculation (B) or simply state the strike or market price, which are unrelated by themselves.

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