LTHM stock is trading at 25¾. LTHM Jul 25 calls are trading at a premium of 2. What is the intrinsic value of these calls?

The intrinsic value of an option is the amount that the option is in-the-money. When LTHM is trading at 25¾, the calls with a strike price of 25 are in the money by ¾, which is $.75 a share, or $75 for 100 shares.