time when the
market price of XYZ stock is $40 a share. an XYZ 40 call
may have a current market price of. say, $2 a share.
This is entirely ... style.
EXAMPLE: With the market price of XYZ stock at
$45 a share, an XYZ 40 call may have a current market
price of S6 a share, reflecting an intrinsic
https://www.justice.gov/epstein/files/DataSet%2010/EFTA01353413.pdf