Assume You Are Reviewing a Table That Lists the Current

Multiple Choice

Assume you are reviewing a table that lists the current stock option contracts and quotes.On a specific contract the table shows an option interest value of 38 and volume of 9.This means that:

A) 9 contracts were exercised on that day while 38 more were traded.
B) 38 contracts were traded on that day compared to only 9 traded on the previous day.
C) 9 contracts were traded on that day at a price of $.38 per share.
D) 38 contracts were traded on that day at the bid price and 9 were traded at the ask price.
E) 9 of the 38 outstanding contracts traded on that day.