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Exhibit 22  otrike Price  Put Price  Call Price $32.50$2.85$1.65\begin{array} { c c c } \text { otrike Price } & \text { Put Price } & \text { Call Price } \\\hline\$ 32.50 & \$2.85 & \$1.65\end{array}

question 87

Multiple Choice

Exhibit 22.4
Use the Information Below for the Following Problem(S)
Consider the following information on put and call options for Citigroup
 otrike Price  Put Price  Call Price $32.50$2.85$1.65\begin{array} { c c c } \text { otrike Price } & \text { Put Price } & \text { Call Price } \\\hline\$ 32.50 & \$2.85 & \$1.65\end{array}
-Refer to Exhibit 22.4.A covered call is an appropriate strategy if


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