1. Assume that call option I's strike price is $50, and call option II's strike price is $52, the expirations of both options are the same. The underline stock of both call option contracts is the same. Option I's price is $5.6 and option II's price is $4.5. The implied volatility of option I is 20% and the implied volatility of option II is 25% using Black Scholes formula. Option___might be relatively underpriced and you may ___option I and ___option II.

   	A.	II, buy, sell
   	B.	II, sell, buy
   	C.	I, buy, sell
   	D.	I, sell, buy