Which of the Following Statements Correctly Describes This Journal Entry

Which of the following statements correctly describes this journal entry: $$\begin{array} { | c | l | r | r | } \hline \mathrm { Dr } & \text { Cash at bank } & 30000000 & \\\hline \mathrm { Cr } & \text { Share capital } & & 30000000 \\\hline & & & \\\hline \mathrm { Dr } & \text { Share options (1 } 000000 \text { options) } & 3500000 & \\\hline \mathrm { Cr } & \text { Share capital } & & 3500000 \\\hline\end{array}$$

A) The issue of options, costing $3.50 each.
B) The issue of options, costing $30 each.
C) The exercise of options, with a current market value per share of $3.50.
D) The exercise of options, initially costing $3 500 000 to issue and with an exercise price for each option of $30.