Assume on 17th July 2023 you observed the market information as presented in Figure 1. There are 11 American call options on ANZ expiring on 17th August 2023. At the time you see these option prices, stock price S0 = $24.45. Which call is the better buy if you expect ANZ common shares to quickly rise to $28 per share? Explain your answer.

17 August 2023 | a month to expiry CALLS