Quotations for the M&B Corporation are listed as follows:

.............................................CALL.............PUT
Closing.....Strike....EXP...Premium.....Premium
50.5............52.0......Jul........0.250...........1.90
50.5............52.0......Sep......0.400...........2.05
50.5............57.0......Aug......0.500.........7.20
50.5............62.0......Oct.......0.700.........12.4
50.5............67.0......Jun.....1.00............17.6

The closing represents the closing price per share of M&B on a particular trading day.

Is the September (Sep) call option in-the-money or out-of-the-money? (answer with the word IN or the word OUT)

Is the June (Jun) put option in-the-money or out-of-the-money?(answer with the word IN or the word OUT)

 How much would it cost in premiums to invest in an October (OCT) straddle on M&B? $ 

Answer rating: 100% (QA)

The September Sep call option with a strike price of 520 has a clo... View the full answer