Use the table for the question(s)below.
Consider the following information on options from the CBOE for Merck:
-The open interest for the January 2009 put option that is closest to being at-the-money is:
A)7174.
B)982.
C)319.
D)8422.

Question

Use the table for the question(s)below.
Consider the following information on options from the CBOE for Merck: 
-The open interest for the January 2009 put option that is closest to being at-the-money is:
A)7174. 
B)982. 
C)319. 
D)8422.

Quizplus · Accepted Answer

The open interest for the January 2009 put option that is closest to being at-the-money is 7174. This is typically determined by the strike price closest to the current market price of the underlying asset.

Use the Table for the Question(s)below