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Use These Option Quotes to Answer This Question

Question 89

Multiple Choice

Use these option quotes to answer this question:
Use these option quotes to answer this question:    -You want to sell four call option contracts on ZZ Industries stock at a strike price of $32.50 a share.How much will you receive in option premiums if you place this order today? A)  $300 B)  $1,290 C)  $1,320 D)  $728 E)  $546
-You want to sell four call option contracts on ZZ Industries stock at a strike price of $32.50 a share.How much will you receive in option premiums if you place this order today?


A) $300
B) $1,290
C) $1,320
D) $728
E) $546

Correct Answer:

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