An American-style call option with six months to maturity has a strike price of $35. The underlying stock now sells for $44. The call premium is $14. What is the intrinsic value of the call?

A) $14
B) $9
C) $0
D) $23

Intrinsic Value

The inherent worth of a financial asset, determined through fundamental analysis without reference to its market value.

Strike Price

The specified price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.

Call Premium

The additional amount above the bond's face value that must be paid to redeem it before its maturity date.