Disclaimer: I'm a beginner in the options world, didn't do any trades yet, just researching.
Today I looked at call options prices for BMW. On HSBC site I found this call option with expiration date 16. June, strike price of 84 EUR, bid price of 1.01 EUR and ask price of 1.05 EUR. But the current market price of one share of BMW is 94.10 EUR. If I'm not wrong, call option thus has an intrinsic value of 94.10 - 84 = 10.10 EUR (plus it has some extrinsic value as well), yet ask is far below that.
How is it possible that this call option is so cheap?