Option Closing Price Strike Price Call-Last Quote September Put-Last Quote September 1 41.50 45.50 4.00 4.40

2 41.50 37.50 6.00 2.40

3 41.50 47.50 3.20 5.20 If you could exercise the options listed any time before the expiration date (the third Friday of September), then these options would beAmerican options.

Assuming that the options listed are American options, on June 30, which of the call options for Merry Melon Fruit Company listed in the table is in-the-money?

Option 2

Option 1

Option 3

Answer rating: 100% (QA)

To determine which call option for Merry Melon Fruit Company listed in the table is inthemoney on Ju... View the full answer