Use the Table for the Questions Below

question 47

Multiple Choice

Use the table for the questions below
Consider the following information on options from the CBOE for Rackspace.
-Assume you want to sell 20 call option contracts with an exercise price closest to being at-the-money and that expires January 2011.The current price that you would receive for such a contract is:

• A)$4500
• B)$2600
• C)$3900
• D)$4000
• E)$3500

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