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a. Assume you want to buy one option contract with an exercise price closest to being at-the-money and that expires January 2009. Compute the current

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a. Assume you want to buy one option contract with an exercise price closest to being at-the-money and that expires January 2009. Compute the current price that you would have to pay for such a contract. Note: The contract size is 100 shares and the prices are quoted on a per-share basis. b. What is the open interest for the January 2009 put option that is closest to being at-the-money? Explain how you arrived this conclusion. c. How many of the January 2009 put options are in the money? Explain how you arrived this conclusion

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