Question: Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $83. Strike Calls Option Expiration Price

  1. Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $83.

Strike

Calls

Option

Expiration

Price

Vol.

Last

RWJ

Mar

80

230

1.80

Apr

82

170

3.50

Jul

84

139

4.45

  1. Which options are in-the-money options? What are their intrinsic values?
  2. Which options are out-of-money options? What are their intrinsic values?
  3. Which option is mispriced?

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