Melissa Rice previously bought 1 ZYX Nov 55 call at 6 when the market price of ZYX was 53. ZYX is currently trading at 58, and Mrs. Rice decides that now would be a good time to sell the option that she previously purchased. The second option order ticket would be marked

opening purchase

closing purchase

opening sale

closing sale

Accredited investors include investors with

I. a net worth of $1,000,000 excluding primary residence

II. a net worth of $1,000,000 including primary residence

III. an annual income of $200,000 or more for the previous two years and expected to make at least $200,000 this year

IV. an annual income of $300,000 or more for the previous three years and expected to make at least $300,000 this year

I and IV

II and III

I and III

II and IV