The call price will decrease by less than $1.
In order to buy or sell an underlying security while trading a call or put option, the exercise price must be met. When a deal is initiated by an investor, the strike price, another name for it, is known.
The predetermined cost, also referred to as the striking price or exercise price, is a crucial component of an option contract. When an option is exercised, the underlying futures contract is purchased (in the case of a call) or sold (in the case of a put) at the predetermined strike price.
learn more about exercise price here:
https://brainly.com/question/14763313
#SPJ4
