A call option on Brocklehurst Corp. has an exercise price of $30. The current stock price of Brocklehurst Corp. is $32. The call option is _________. at the money in the money out of the money knocked in

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Answer:

In the Money.

Explanation:A call option is an option contract for Securities, where the buyer has the right to buy a particular Security at a given amount on or before a given date.

A STOCK IS ALSO KNOWN AS A SHARE WHICH MEANS A PART OF A PUBLIC COMPANY WHICH HAS BEEN BOUGHT BY ANOTHER PERSON OR AN ENTITY IT CAN ALSO BE CALLED AN INVESTMENT MADE INTO ANOTHER ENTITY.

At $30 exercise price and $32 current stock price,the call option is in the money.

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