Which of the Following Statements Is INCORRECT

Which of the following statements is INCORRECT?

A) Option dealers in nineteenth-century London were using a statistical model influenced by insurance industry practices for determining option prices.
B) Option dealers in nineteenth-century New York were selling options primarily for strategic reasons and manipulating option prices.
C) Option dealers in nineteenth-century New York were using "judgment" or "shrewd guessing" to determine option values.
D) Russell Sage's strategy of using put-call parity to charge higher interest rates than the 7 percent maximum allowed by the New York State's usury law was discovered by the authorities and forced Sage to serve jail time.
E) Option trading had more legitimacy in London than in New York.