Question: Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $66. Calls Puts Option and NY

Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $66.

Calls Puts
Option and NY Close Expiration Strike Price Vol. Last Vol. Last
RWJ
Mar 60 236 3.80 166 3.90
Apr 60 176 9.65 133 8.65
Jul 60 145 10.50 49 11.75
Oct 60 66 11.40 17 11.05

a-1. Are the call options in the money?
  • Out

  • In

a-2. What is the intrinsic value of an RWJ Corp. call option? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

b-1. Are the put options in the money?
  • In

  • Out

b-2. What is the intrinsic value of an RWJ Corp. put option contract? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

c.

Two of the options are clearly mispriced. Which ones? (Select all that apply)

Mar call
Apr call
Oct call
Mar put
Oct put
Apr put

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