Hello, I have an agriculture economics-related question about commodity futures and can not seem to figure out the answer? Here is the picture of the image below.

Question 40 The option cost or premium is: O The commission paid to the broker for trading options. 0 The difference between the strike price and the basis. 0 The price of an option-the money paid for rights granted by the option. 0 The margin paid to the clearing house for trading options