Use these option quotes to answer this question:

-You want to sell four call option contracts on ZZ Industries stock at a strike price of $32.50 a share.How much will you receive in option premiums if you place this order today?
A) $300
B) $1,290
C) $1,320
D) $728
E) $546

Question

Use these option quotes to answer this question:
 
-You want to sell four call option contracts on ZZ Industries stock at a strike price of $32.50 a share.How much will you receive in option premiums if you place this order today?
A) $300 
B) $1,290 
C) $1,320 
D) $728 
E) $546

Quizplus · Accepted Answer

Option premium = 400 × $1.82 = $728

Use These Option Quotes to Answer This Question