Final answer:
The correct form of the present progressive of the verb is 'I am running'. It is formed by using the auxiliary verb 'am' followed by the base form of the verb and the '-ing' ending.
Step-by-step explanation:
The correct form of the present progressive of the verb is A) I am running. This form is used to indicate an action that is currently happening at the time of speaking. It is formed by using the auxiliary verb 'am' (for first person singular) followed by the base form of the verb and the '-ing' ending. For example, 'I am running' describes the action of running that is happening right now.