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Given the following data as of the close of trading on 10/26/18: Quest Diagnostics (DGX): 91.47 Options on DGX: American, expire January 18, 2019 c

Given the following data as of the close of trading on 10/26/18:

Quest Diagnostics (DGX): 91.47

Options on DGX: American, expire January 18, 2019

c

X

p

23.7

70

105

14.2

Which of the options in the table above is priced above its lower bound?

a.

The call

b.

The put

c.

Neither

d.

Both

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