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The Chicago Board Options Exchenge (CBOE) is one of the world's largest options exchanges. CBOE and other options exchanges trade contracts that give buyers and

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The Chicago Board Options Exchenge (CBOE) is one of the world's largest options exchanges. CBOE and other options exchanges trade contracts that give buyers and sellers the right to trade investment assets at a specific price within a specific time period. option gives the option holder the right to buy an asset at a fixed price during a particular period. The flixed price, or the price at which the asset is bought, is called the exercise price. The following table shows the options quotation in U.S. dollars for Big Wainut Nut Company for June 30 of this year. If you could exercise the options listed only on the expiration date (the third Friday of September), then these options would be options. Assuming that the options listed are American options, on June 30, which of the call options for Big Wainut Nut Company listed in the table is in-themoney? Option 2 Dption 1 Option 3

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