IBM (INTL BUSINESS MACHINES) Sep 13 2012 16:18 ET 206. Vol Bid 205.29 Ask 206.30 Size 1 1 LastNet Bid Ask Vo Sale stNet Bid AskVol pen Int Sale Net Bid Ask Vol Open Calls 2 Sep 200.00 (IBM12221200-E) 6.26 96 6.45 6.65 193 6898 12 Sep 200.00 (IBM 12220200-E0.23-0.42 0.19 0.22 94 12 Sep 205.00 (IBM 12221205-E) 2.35 1.14 2.36 2.49 1 800 7390 12 Sep 205.00 (BM1222U205-E) | 1.10-1.35 | 1.03 | 1.10 59 2 Sep 210.00 (IBM 1 2221210-) 0.32 0.15 0.36 0.42 508 2818 12 Sep 210.00 (IBM 1222U210-E) 4.15 -2.50 3.95 4.15 11 2 Sep 215.00 (IBM12221215-E) 0.06 0.03 0.04 0.08 1010 12 Sep 215.00 (IBM1222U215-E) 18.20 2 Oct 200.00 (IBM1220J200-E) 8.20 1.53 8.30 8.45 242 5786 12 Oct 200.00 (IBM 1220V200-E) 2.04-0.88 1.98 2.05 15 12 Oct 205.00 (IBM12201205-)-4.85 1.05 4.90 5.00 382 8141 12Oct 205.00 (IBM 1220V205-E) 3.50 -1.31 3.55 3.65 21 2 Oct 210.00 (IBM1220)210-E) 2.360.58 2.45 2.54 186 7074 12 Oct 210.00 (1BM 1220V210-E) 6.37 1.54 6.05 6.20 3 12 0ct 215.00 (IBM1220)215- 1.11 036 1.04 1.10 115 3983 12 0ct 215.00 (IBM1220V215-E) 10.80-9.90 9.65 9.75 8.60 8.95 Source: Chicago Board Options Exchange at www.cboe.com Here B is an option quote on IBM from the CBOE website. a. Which option contract had the most trades today? b. Which option contract is being held the most overall? c. Suppose you purchase one option contract with symbol IBM12221210-E. How much will you need to pay your broker for the option contract (ignoring commissions)? d. Suppose you sell one option contract with symbol IBM12221210-E. How much will you receive for the option contract (ignoring commissions)? e. The calls with which strike prices are currently in-the-money? Which puts are in-the-money? a. Which option contract had the most trades today? The option contract with the most trades today is: (Select the best choice below.) O A. 12 Oct 200.00 put B. 12 Oct 205.00 cal C. 12 Sep 200.00 put D. 12 Sep 205.00 call