Chapter 06 · Section 6.1

Long Option Position

For a long option position holder, risk is greater:

• a) the more the option is out-of-the-money.
  Yes. The more an option is out-of-the-money, the more the spot market must move in your favor to enable the option to be profitable. Continue
  b) the more the option is in-the-money.
  c) when the option is at-the-money.

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