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.
• b) the more the option is in-the-money.
  No. The more an option is in-the-money, the greater the option's profitability and the lesser the risk of the option.
  c) when the option is at-the-money.

(Click here for help)