Suppose I buy a call on Disney stock with a Dec. 20, 2019 expiration and a strike price of $140 .The premium is $1.77.

Which of the following is true?

	1.	I am bullish on Disney
	2.	I am bearish on Disney
	3.	We cannot know if I am bullish or bearish on Disney until we know the current stock price.
	4.	None of the above are true

Suppose I buy a call on Disney stock with a Dec. 20, 2019 expiration and a strike price of $140 .The premium is $1.77.

How much do I pay for this call contract?

	1.	$140
	2.	$14,000
	3.	$1.77
	4.	$177