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In a survey of the dining preferences of 110 dormitory students at the end of the spring semester, the following facts were discovered about Adam's Lunch AL, Pizza Tower PT, and the Dining Hall DH. liked AL but not PT liked AL only
liked AL
liked PT
liked DH
liked PT and AL but not DH
liked PT and DH
How many liked all three?
Exercise Price
The price at which the holder of an option can buy (call) or sell (put) the underlying asset or security.
May 40 Put
A put option contract with a strike price of $40, expiring in May, giving the holder the right to sell the underlying asset at this price.
May 40 Call
An options contract that gives the holder the right, but not the obligation, to buy a stock at a price of $40 per share before or on its expiration in May.
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