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------Call------ ------Put------ XYZ Strike Exp. Vol. Last Vol. Last. Price 1) 38.50 25 Dec. --- ----- 100 0.125 2) 38.50 30 Nov. 250 8.750 464

------Call------ ------Put------

XYZ Strike Exp. Vol. Last Vol. Last.

Price

1) 38.50 25 Dec. --- ----- 100 0.125

2) 38.50 30 Nov. 250 8.750 464 0.0625

3) 38.50 30 Dec. --- ----- 572 0.1325

4) 38.50 35 Nov. 154 4.500 1748 0.3125

5) 38.50 35 Dec. 923 5.250 580 1.1875

6) 38.50 35 Mar. --- ----- 33 2.3125

7) 38.50 40 Nov. 2023 1.125 530 2.5000

Which call contract has the highest 'intrinsic value'?

Of the 7 call/put combinations shown above, how many put contracts are currently "out-of-the-money?"

What should you pay (excluding commissions) for a total of 5 'November 35 CALL' contracts?

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