The current level of S&P 100 is 550. March 515 OEX index call is selling at 45. The multiplier for the option is 100.

Question: Suppose Mr. B purchases 10 contracts of March 515 OEX index call. How much is the dollar amount of the premium?

		$45,000
		$50,000
		$51,000
		$51,500
		$55,000

In the above question, suppose Mr. B exercises those 10 call options when the index level becomes 585, how much does the assigned writer has to pay to Mr. A?

		$25,000
		$30,000
		$35,000
		$55,000
		$70,000

In the above, how much profit does Mr. B make?

		$20,000
		$25,000
		$30,000
		$40,000
		$45,000

Suppose Mr. S writes 10 contracts of Mar 515 OEX index call. Calculate the margin requirement. The margin requirement for index option is 15%.

		$121,000
		$127,500
		$129,500
		$132,500
		$140,000