Question: Question 6 ( 8 points ) Listen You own a July $ 1 5 call on ABC stock. Assume today is April 2 0 and

Question 6(8 points)
Listen
You own a July $15 call on ABC stock. Assume today is April 20 and the call has zero intrinsic value. Which one of the following best describes this option?
worthless
unfunded
expired
in-the-money
out-of-the-money
Question 6 ( 8 points ) Listen You own a July $ 1

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