What is the value at expiration of a call option with a strike price of $65 if

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What is the value at expiration of a call option with a strike price of $65 if the stock price is $1?
$50?
$65?
$100?
$1,000?

Strike Price
In finance, the strike price of an option is the fixed price at which the owner of the option can buy, or sell, the underlying security or commodity.
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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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