n NISM Certifications
XIII NISM Series XIII
Medium

An out-of-the-money option has:

Practice question from NISM Series XIII for SIF - Mock Test 9 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    More than 1 intrinsic value

  2. Zero intrinsic value

    Correct answer

  3. C

    Negative intrinsic value

  4. D

    None of the above

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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