The intrinsic value of an at-the-money call option is equal to

A) the call premium.
B) zero.
C) the stock price plus the exercise price.
D) the striking price.
E) None of the options are correct.

At-the-money

A term used in options trading to describe a situation where the option's strike price is identical to the current market price of the underlying asset.

Call Option

A financial contract that gives the buyer the right but not the obligation to buy a stock, bond, commodity, or other asset at a specified price within a specific time period.