1.5 John has purchased a put option for stock XYZ for 100 shares at $13.38 per share with an expiration date of 30 days. At which of the following market prices for stock XYZ should John exercise his put option? John has purchased his XYZ stock for $10.00 per share. Explain why you chose this answer. A $13.39 B $10.23 C $15.23 D $14.20 (5) 16 Sarah has purchased a call option for stock ABC for 100 shares at $3.20 per share with an expiration date of 60 days. At which of the following market prices for her ABC stock should she exercise her call option? Explain why you chose this answer. (5) A $2.13 B 53.15 C$1.23 D $4.25 so Chi