What Is the Cost of fiVe November 25 Call Option

question 83

Multiple Choice

What is the cost of five November 25 call option contracts on KNJ given the following price quotes?
KNJ (KNJ) Underlying share price: 30.86 $$\begin{array} { | l | l | l | l | } \hline & & \text { Call } & \text { Put } \\\hline \text { Expiration } & \text { Strike } & \text { Last } & \text { Last } \\\hline \text { Aug } & 25 & 6.15 & .05 \\\hline \text { Nov } & 25 & 6.60 & 10 \\\hline \text { Aug } & 35 & 10 & 4.60 \\\hline \text { Nov } & 35 & 70 & 5.10 \\\hline\end{array}$$

• A)€615
• B)€660
• C)€2,500
• D)€3,075
• E)€3,300

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