Question
Use these option quotes to answer this question: ZZ Industries: Price 34.36 Calls: StrikeSymbolLastChgBidAskVolOpen Int30.00ZZBF4.30.074.304.40623,42932.50ZZBZ1.87.071.821.872368,16835.00ZZBG.01.05.00.01311938,017 Puts: StrikeSymbolLastChgBidAskVolOpen Int30.00ZZNF.01.00.00.0107,25832.50ZZNZ.01.02.00.0156234,97235.00ZZNG.60.14.63.68263719,686 You would like to have the right
Use these option quotes to answer this question:
ZZ Industries: Price 34.36
Calls:
StrikeSymbolLastChgBidAskVolOpen Int30.00ZZBF4.30.074.304.40623,42932.50ZZBZ1.87.071.821.872368,16835.00ZZBG.01.05.00.01311938,017
Puts:
StrikeSymbolLastChgBidAskVolOpen Int30.00ZZNF.01.00.00.0107,25832.50ZZNZ.01.02.00.0156234,97235.00ZZNG.60.14.63.68263719,686
You would like to have the right to purchase 250 shares of ZZ Industries stock at a price of $32.50 a share. How much will it cost you to buy options to meet this objective?
Multiple Choice
- $103.11
- $12.90
- $374.00
- $467.50
- $561.00
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Statistics For Managers Using Microsoft Excel
Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat
7th Edition
978-0133061819, 133061817, 978-0133130805
