n NISM Certifications
XIII NISM Series XIII
Medium

Is it true that at expiration, the value of an option is its intrinsic value?

Practice question from NISM Series XIII for SIF - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Yes, for all options

    Correct answer

  2. B

    No, not for all options

  3. C

    Only for calls

  4. D

    Only for puts

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

Test yourself for real

Take a full NISM Series XIII mock test.

Same duration, same weighting, same difficulty distribution as the real exam — with explanations on every question.