1. Examine the option quotation below. There are two (2) mistakes. In this context a mistake would indicate a violation of option pricing theory. Provide a short explanation identifying both of these two (2) mistakes. Justify your answer in no more than one or two sentences for each mistake

Strike price ($)	Expiration month	Call price (cents)	Put price (cents)
50	July	9.00	7.38
50	October	16.63	2.63
60	July	3.50	7.13
60	October	8.75	12.25