First, select a publicly held company. Use Target

Retrieve their annual financial statements either from their website or from the SEC EDGAR Company Filings.

Note: do a search for "Option" and make sure the selected company uses option contracts.

What is the company you have selected?

What is the company using their option contract for?

What is the value of the option contract in the Annual Statements?

Copy/paste a picture of the value from the financial statements.

Imagine you are a retiree from this company and received stock as part of your pension package benefit. What would you do with the shares to earn extra money above the dividends?