What is the cost of five November 25 call option contracts on KNJ stock given the following price quotes? $$\begin{array}{l}
\text { KNJ (KNJ) Underlying stock price: } 30.86\
\begin{array} { c c c r }
\text { Expiration } & \text { Strike } & \underline{\text { Call }} & \underline{\text {Put }} \
\text { Aug } & 25 & 6.15 & \text { Last } \
\text { Nov } & 25 & 6.60 & .05 \
\text { Aug } & 35 & .10 & 4.60 \
\text { Nov } & 35 & .70 & 5.10
\end{array}
\end{array}$$
A)$615
B)$660
C)$2,500
D)$3,075
E)$3,300

Question

What is the cost of five November 25 call option contracts on KNJ stock given the following price quotes? $$\begin{array}{l}
\text { KNJ (KNJ) Underlying stock price: } 30.86\
\begin{array} { c c c r } 
\text { Expiration } & \text { Strike } & \underline{\text { Call }} & \underline{\text {Put }} \
\text { Aug } & 25 & 6.15 & \text { Last } \
\text { Nov } & 25 & 6.60 & .05 \
\text { Aug } & 35 & .10 & 4.60 \
\text { Nov } & 35 & .70 & 5.10
\end{array}
\end{array}$$
A)$615
B)$660
C)$2,500
D)$3,075
E)$3,300

Quizplus · Accepted Answer

The Answer of What is the cost of five November 25 call option contracts on KNJ stock given the following price quotes? $$\begin{array}{l}
\text { KNJ (KNJ) Underlying stock price: } 30.86\
\begin{array} { c c c r } 
\text { Expiration } & \text { Strike } & \underline{\text { Call }} & \underline{\text {Put }} \
\text { Aug } & 25 & 6.15 & \text { Last } \
\text { Nov } & 25 & 6.60 & .05 \
\text { Aug } & 35 & .10 & 4.60 \
\text { Nov } & 35 & .70 & 5.10
\end{array}
\end{array}$$
A)$615
B)$660
C)$2,500
D)$3,075
E)$3,300

What Is the Cost of Five November 25 Call Option