Question: Below is an option quote on IBM from the CBOE Web site. a. Which option contract had the most trades today? b. Which option contract

Below is an option quote on IBM from the CBOE Web site.

a. Which option contract had the most trades today?

b. Which option contract is being held the most overall?

c. Suppose you purchase one option with symbol IBM GA-E. How much will you need to pay your broker for the option (ignoring commissions)?

d. Suppose you sell one option with symbol IBM GA-E. How much will you receive for the option (ignoring commissions)?

e. The calls with which strike prices are currently in-the-money? Which puts are in-the-money?

Below is an option quote on IBM from the CBOE

IBM (INTL BUSINESS MACHINES) Jul 13, 2009 @ 13:26 ET 102.22139 Bid 102.2 Ask 102.22 Size Ex Vol 5683797 Last astetBid AskVol Open Calls Sale Net Bid oOp Int 09 Jul 95.00 (IBM GS-E) 50 0.95 7.40 760 26 815 09 Jul 95.00 (BM SS-E) 031-024 025 035 2039 11452 0S Jul 100 O0(I OG Jul 106.00 M GA- 105.00 M SA-E) | 179| -1.56 | 3.60 | 3.80 | 379 8000 09 Jul 110 3.50 072 340 3.50 1764 14436 00 Jul 100.00 (IBM ST-E 125-065 120 1.25 2262 19401 E | 0.91 0.26| 0.00 | 1.00 | 1945 | 23210 | 09 Jul 0.00 (BM GB-0 015 0.07 0.10 015 632 20808 09 ul 110.00 g Aug 95.00 (BM HS 875 135 840 .0 32 1532Au50 IBMIS 151-049 1 7.57-153 780800 35 6536 1.50 1.60 1076 2766 09 Aug 10000 (IBM HTE) 5.11 0.91 | 4.80 | 500 | 122 | 2754 | 09 Aug 100 00 (i8M .) | 2.90| -096 | 3.00 | 3.20 | 513 5322 991 "-QB1 | 5.50 | 5.70 | 2 | 1586 E) 1060-040 9.10 9.30 10 751 09 Aug 105.O0 [IBM HA-E) 2.40 044 235 240 456 6091 09 Aug 105.00 (IEMT 09 Aug 110.00 (IBM HB-)0.95 0.25 00 095 207 3429 09 Aup 110.00 [IBM

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