See the option quote on IBM from the CBOE Web site on the next page showing options expiring in March and April 2022.

a. Which option contract had the most trades that day?

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

c. Suppose you purchase one 2022 March 18 115.00 Call option. How much will you need to pay to buy the option?

d. Suppose you sell one 2022 Apr 14 125.00 Put option. 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?

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IBM (INTL BUSINESS MACHINES) Feb. 21 2022 @ 12:07 ET Last 123.66 Bid 123.56 Ask 123.65 Size 1 x 6 Vol 4609212 Last Calls Net Bid Ask Vol Open Last Puts Sale Int Sale Net Bid Ask Vol Open Int 2022 Mar 18 115.00 10.80 -0.72 10.30 10.65 11 43 2022 Mar 18 115.00 1.12 2022 Mar 18 120.00 2022 Mar 18 125.00 6.45 -1.00 6.35 6.60 188 311 2022 Mar 18 120.00 3.25 -0.80 3.20 3.30 713 677 2022 Mar 18 125.00 2022 Mar 18 130.00 1.32 -0.39 1.23 1.35 2115 4721 2022 Mar 18 130.00 2022 Apr 14 115.00 2022 Apr 14 120.00 2022 Apr 14 125.00 2022 Apr 14 130.00 11.55 8.30 -0.85 11.20 11.60 5 25 2022 Apr 14 115.00 0 7.45 7.75 0 226 2022 Apr 14 120.00 3.15 2.09 3.85 6.81 0.76 6.80 7.00 1184 5210 1.88 0.22 1.81 2.17 700 1913 0.47 3.05 3.20 0.15 1.08 1.16 239 4693 0.32 2.01 2.12 1361 3165 0.50 3.80 3.90 240 2186 112 975 4.60 -0.55 4.40 4.65 59 211 2022 Apr 14 125.00 5.09 0.71 4.95 5.20 167 1411 2.49 -0.24 2.35 2.45 194 3702 2022 Apr 14 130.00 7.90 0.85 7.75 7.95 160 967