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How Much Will You Pay Per Pound for a September

Question 56

Multiple Choice

How much will you pay per pound for a September 130 orange juice futures call option?
Orange juice - 15,000 lbs: u.S.cents per lb.  Strike  Price  Call  Aug  Call  Sep  Call  Nov  Put  Aug  Put  Sep  Put  Nov 1253.156.5013.255.558.8512.501301.605.5011.359.0012.0015.55\begin{array} { | l | l | l | l | l | l | l | } \hline \begin{array} { l } \text { Strike } \\\text { Price }\end{array} & \begin{array} { l } \text { Call } \\\text { Aug }\end{array} & \begin{array} { l } \text { Call } \\\text { Sep }\end{array} & \begin{array} { l } \text { Call } \\\text { Nov }\end{array} & \begin{array} { l } \text { Put } \\\text { Aug }\end{array} & \begin{array} { l } \text { Put } \\\text { Sep }\end{array} & \begin{array} { l } \text { Put } \\\text { Nov }\end{array} \\\hline 125 & 3.15 & 6.50 & 13.25 & 5.55 & 8.85 & 12.50 \\\hline 130 & 1.60 & 5.50 & 11.35 & 9.00 & 12.00 & 15.55 \\\hline\end{array}


A) $0.0055
B) $0.0065
C) $0.0550
D) $0.0650
E) $0.1135

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