(1) real optionwhen the call option executive price lower than the actual price at that time, or when the put option executive price higher than the actual price at that time, the options for real option. (2) the virtual value optionwhen the call option executive price higher than the actual price at that time, or when the put option executive price lower than the actual price at that time, the option for otm. when theoption for otm, intrinsic value ** zero.(3) two flat optionwhen the call option executive price equal to the actual price at that time, or when the put option executive price equal to the actual price at that time, the option to level two options.when the option ** two level option, meaning the value of zerothe ex**tence of profit price, option selection depends on the exerc**e price and the objectwhen the subject matter ** bull**h when buying call options, put the time to buy a put option 20210311