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