Use These Option Quotes to Answer This Question

question 89

Multiple Choice

Use these option quotes to answer this question:

-You want to sell four call option contracts on ZZ Industries stock at a strike price of $32.50 a share.How much will you receive in option premiums if you place this order today?

• A) $300
• B) $1,290
• C) $1,320
• D) $728
• E) $546

---

Definitions:

Digital Media

The varied forms of media content and services delivered digitally, including websites, social media, ebooks, and online videos.

Hostile Messages

Communications intended to harm, offend, or create a negative atmosphere.

Condom

A thin rubber sheath worn on a man's penis during sexual intercourse as a contraceptive or as a protection against infection.

Monogamous

Referring to a relationship or marriage with one partner at a time, or the practice of having only one sexual partner.