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Selected Option Quotations for ABC Corp (use in questions 4 ABC Stock Price Strike Put- e Price Call Date of Volume Price Volume uotation 32.45

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Selected Option Quotations for ABC Corp (use in questions 4 ABC Stock Price Strike Put- e Price Call Date of Volume Price Volume uotation 32.45 35.00 32.45 35.00 32.45 40.00 32.45 40.00 Aug Oct Aug Oct 9923 307 4578 212 0.99 1.42 0.19 0.41 2632 108 1875 76 3.31 3.62 7.47 7.56 4/20/2017 4/20/2017 4/20/2017 4/20/2017 38.25 35.00 38.25 35.00 38.25 40.00 38.25 40.00 Aug Oct Aug Oct 1282 3645 468 3645 3.74 4.28 0.91 1.58 1279 2856 156 1874 0.37 0.80 2.53 3.06 6/17/2017 6/17/2017 6/17/2017 6/17/2017 Why did the price of the August, X-40 call option go up in price from 4/20/2017 to 6/17/2017, while the August, X-40 put option went down in price? Explain

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