What Is the Value of One November 35 Put Contract

question 63

Multiple Choice

What is the value of one November 35 put contract?
KNJ (KNJ) Underlying share price: 30.86
$\begin{array}{|l|l|l|l|}\hline && Call & Put \\\hline Expiration&Strike&Last&Last\\\hline \text { Aug } & 25 & 6.15 & .05\\\hline \text { Nov } & 25 & 6.60 & .10 \\\hline \text { Aug } & 35 & .10 & 4.60 \\\hline \text { Nov } & 35 & .70 & 5.10\\\hline\end{array}$

• A)€70
• B)€460
• C)€510
• D)€4,600
• E)€5,100

---

Definitions:

Bacteria

Microscopic, single-celled organisms found in virtually all environments on Earth, playing essential roles in processes such as decomposition and digestion.

Transcriptional Control

The regulation of gene expression at the stage of transcription, determining the rate at which RNA is synthesized from DNA.

Gene Expression

The process by which information from a gene is used in the synthesis of a functional gene product, often a protein, leading to the manifestation of a genetic trait.

Cell Types

Distinct forms that cells take on within an organism, characterized by their specific structure, function, and biochemical properties.