Use These Option Quotes for JL Stock to Answer This

question 85

Multiple Choice

Use these option quotes for JL stock to answer this question:
$$\begin{array} {ccccccc} \text { Strike } & \text { Symbol } & \text { Lagt } & \text { Chy } & \text { Bid } & \text { Agk } & \text { Vol } & \text { Open Int } \\47.50 & \text { JLHW.x } & 6.00 & \uparrow .25 & 5.90 & 6.10 & 18 & 12 \\50.00 & \text { JLHJ.x } & 4.75 & \uparrow .30 & 4.80 & 5.00 & 17 & 14\end{array}$$
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What was the prior day's closing price on the 50 call option on JL stock?

• A)$4.45
• B)$4.75
• C)$5.05
• D)$5.10
• E)$5.30

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Definitions:

Symbiosis

A mutually beneficial relationship between two different organisms living in close physical association.

Encode

To convert data into a particular form, especially for the purpose of ensuring privacy, security, or compatibility.

Open to Interpretation

Describes information, statements, or artworks that can be understood or explained in different ways by different people.

Context

The circumstances or background information that helps in understanding the full meaning of a situation or topic.