Which of the following statements is false?
A) The option seller, also called the option writer, sells (or writes) the option and has a short position in the contract.
B) When the exercise price of an option is equal to the current price of the stock, the option is said to be at-the-money.
C) A holder would not exercise an in-the-money option.
D) Because the long side has the option to exercise, the short side has an obligation to fulfill the contract