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Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $62. Calls Puts Strike Option Expiration

Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $62.

Calls Puts
Strike
Option Expiration Price Vol. Last Vol. Last
RWJ Mar 56 232 3.40 162 3.50
Apr 56 172 9.25 129 8.25
Jul 56 141 10.10 45 11.15
Oct 56 62 11.00 13 10.65
c-1 Two of the options are clearly mispriced. Which ones?
Mar call
Apr call
Oct call
Mar put
Oct put
Apr put

c-2

What is the arbitrage profit you could make on each of the mispriced options? (Round your answers to 2 decimal places, e.g., 32.16.)

Mispriced option Profit

(Click to select)

Mar call

Jul call

Oct call

Apr call

$

(Click to select)

Oct put

Jul put

Mar put

Apr put

$

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