Use the Table for the Question(s) Below

question 15

Multiple Choice

Use the table for the question(s) below.
Consider the following information on options from the CBOE for Merck:
-The open interest for a January 2009 put option that is closest to being at-the-money is ________.

• A) 7,174
• B) 982
• C) 319
• D) 8,422

---

Definitions:

Small Business

Any independently owned and operated business that is not dominant in its competitive area and does not employ more than 500 people.

Competitive Area

The space or domain in which businesses compete against each other for market share.

Independently Owned

Refers to a business or property that is owned by an individual or a group without corporate or external control.