What Is the Total Option Premium You Will Receive If $\text { Iexas Instruments (TXN) }$

question 15

Multiple Choice

What is the total option premium you will receive if you sell 4 May $27.50 calls on Texas Instruments?
$\text { Iexas Instruments (TXN) }$
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text {CALL}$ $\quad$ $\quad$ $\quad$$\text {PUT}$
$\begin{array}{llllll}\text { Exp } & \text { Strike } & \text { Bid } & \text { Ask } & \text { Bid } & \text { Ask }\\\text { May } & 25.00 & 6.60 & 6.70 & \text { N/A } & .01 \\\text { Jun } & 25.00 & 6.50 & 6.75 & \text { N/A } & .03 \\\text { Oct } & 25.00 & 6.95 & 7.25 & .39 & .42 \\\text { May } & 27.50 & 4.10 & 4.15 & \text { N/A } & .01\\\text { Jun}&27.50&4.05&4.30&.07&.10\end{array}$

• A)$90
• B)$850
• C)$1,640
• D)$2,170
• E)$3,375

---

Definitions:

Hospital

A medical facility where patients receive care from specialized medical and nursing personnel, equipped with specialized healthcare apparatus.

Health Psychologists

Experts focused on examining the ways in which biological, psychological, and social elements influence both health and sickness.

Other Psychologists

Refers to professionals in the field of psychology who may specialize in areas different from the context in question, offering diverse perspectives on psychological issues.

Health Habits

Regular practices or behaviors that are beneficial to one's physical or mental health.