-How Many Strike Prices in the Options Chain Are Integers

question 3

Multiple Choice

$\begin{array}{|r|l|r|r|r|r|r|r|}\hline \text { Quote } & \text { Symbol }& \text { Last }&\text { Chg } &\text { Bid } & \text { Ask } &\text { Vol } &\text { Open } \\&&&&&&&\text {Int}\\\hline 1 & \text { F120218C00004000 } & 8.83 & 0.00 & 8.75 & 8.85 & 17 & 19 \\\hline 2 & \text { F120218C00005000 } & 7.40 & 0.00 & 7.75 & 7.80 & 20 & 34 \\\hline 3 & \text { F120218C00006000 } & 6.82 & +0.37 & 6.75 & 6.80 & 12 & 26 \\\hline 4 & \text { F120218C00007000 } & 5.80 & +0.05 & 5.75 & 5.80 & 10 & 51 \\\hline 5 & \text { F120218C00008000 } & 4.45 & 0.00 & 4.75 & 4.85 & 5 & 45 \\\hline\end{array}$

-How many strike prices in the options chain are integers?

• A) 1
• B) 2
• C) 3
• D) 4
• E) 5

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Definitions:

Correlation Coefficient

A statistical measure that calculates the strength and direction of the relationship between two variables, ranging from -1 to 1.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data points, often used to assess the volatility of an investment.

Separation Property

The property that portfolio choice can be separated into two independent tasks: (1) determination of the optimal risky portfolio, which is a purely technical problem, and (2) the personal choice of the best mix of the risky portfolio and the risk-free asset.

Risky Portfolio

An investment portfolio that contains assets with a higher degree of risk, potentially leading to higher returns or greater losses.