Fundamental value of an option??

Can someone help me with this problem -
trade price is 31.11
call option with strike of 35.00 at 0.30
what is the fundamental value
what is the time premium

Intrinsic value for a call is how much the stock price is "above" the strike price (what it would be worth excluding trade fees if it exired right now). Anything beyond that in the option price is whatever the market determines is time value.

If stock price is 31.11 and strike for a call is 35.00, the call has no intrinsic value. The 0.30 ($30 total) is all time premium at that point. If stock never got up to 35, that time value would eventually shrink and call option would eventually expire worthless.

A call with 30 strike would have intrinsic value of 1.11 ($111 total). The difference between that and option selling price is time (extrinsic) value.

The intrinsic value (fundamental?) is $31.11 The rest $4.19 is time value less something for volatility. You can work the time value out by using the interest rate for the number of days to expiry. Also if there any dividends these would have to be accounted for.

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