You are buying the June call on General Electric stock at $0.19.What amount will you pay per share if you decide to exercise this option?
A)$32.50
B)$32.69
C)$33.81
D)$34.00
E)$34.19

Question

You are buying the June call on General Electric stock at $0.19.What amount will you pay per share if you decide to exercise this option? 
A)$32.50 
B)$32.69 
C)$33.81 
D)$34.00 
E)$34.19

Quizplus · Accepted Answer

To exercise a call option, you would pay the strike price. The strike price for the June call option on General Electric stock is $34. Therefore, the answer is D) $34.00.

You Are Buying the June Call on General Electric Stock