nerdexam
ACI

3I0-012 · Question #39

An `at-the-money' option has:

The correct answer is B. Time value but no intrinsic value. See the full explanation below for the reasoning.

Question

An `at-the-money' option has:

Options

  • AIntrinsic value but no time value
  • BTime value but no intrinsic value
  • CBoth time value and intrinsic value
  • DNeither time value nor intrinsic value

How the community answered

(28 responses)
  • A
    4% (1)
  • B
    79% (22)
  • C
    4% (1)
  • D
    14% (4)

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Full 3I0-012 Practice