Question: Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $65. Option Expiration Strike Price Calls

Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $65.

Option Expiration Strike Price Calls Puts
Volume Last Volume Last
RWJ March 60 235 3.70 165 3.80
April 60 175 9.55 132 8.55
July 60 144 10.40 48 11.60
October 60 65 11.30 16 10.95

a-1. Are the call options in or out of the money?
multiple choice 1
  • In the money

  • Out of the money

a-2. What is the intrinsic value of an RWJ Corporation call option?

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