Underlying Stock Price: 45

question 116

Multiple Choice

Underlying stock price: 45.80 What option would you buy if you want to have the right to sell 100 shares of Glaxo stock on or before the 3^rd Friday in October for $45 per share?

• A) Oct 45 call
• B) Oct 47.50 call
• C) Oct 50 put
• D) Oct 45 put
• E) Nov 47.50 put

---

Definitions:

Magnetic North Polarity

The direction in which the north end of a magnet points, aligning with the Earth's magnetic north.

Magnetic Flux

The measure of the quantity of magnetism, considering the strength and the extent of a magnetic field.

Electro-Magnets

Electro-magnets are devices that create a magnetic field through the flow of electric current, typically consisting of a wire coil wrapped around a magnetic core, and are used in various applications including motors and relays.

Magnetic Field

An area surrounding a magnetic substance or an electric charge in motion where magnetic forces are experienced.