There are two call options for the same underlying asset and same maturity. One call option C$1$ has price of $$10$ and the other call option C$2$ has price of $$8.$ Also, one call has exercise price of $$100$ and the other has exercise price of $ $80.$ Call$-$option C$1$ has exercise price of $$80$ and Call$-$option C$2$ has exercise price of $$100.$ Explain the reason$/$s for your answer on the exam working sheet. Hint: if exercise prices are looking correct, then statement is true, else it is false.

Question $6$ options:

True

False