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A call option is in-the-money when the market price of the underlying stock is:
More than it was at the previous day's close
More than the strike price
Less than the strike price
Equal to the strike price
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Options are in-the-money when they are worth exercising. Calls are worth exercising when the strike price is less than the market price of underlying stock.
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09
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A call option is in-the-money when the market price of the underlying stock is:
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