Assuming a stock is $10, its $9 strike price call options asking for $1.30 consists of
$1 intrinsic value and $0.30 extrinsic value
$1 extrinsic value and $0.30 intrinsic value
$1.30 worth of extrinsic value
$1.30 worth of intrinsic value
(A) $1 intrinsic value and $0.30 extrinsic value
Explanation:
