Question: On September 30th, a put option on Rio Electronic is available that comes due on December 31 st, at a price of $50. The current

On September 30th, a put option on Rio Electronic is available that comes due on December 31 st, at a price of $50. The current quote is $2.60 bid and $2.85 ask, and the last price traded was $2.65. The market price of the shares on September 30th, was $44.50. There are currently 80 options outstanding. What is the strike price of the put option? a) $3.65 b) $4.50 c) $44.50 d) $50,00

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