ZZ Industries: Price 34.36 Calls: Strike Symbol Last Chg Bid Ask 30.00 ZZBF 4.30 1.07 4.30 4.40 32.50 ZZBZ 1.87 1.07 1.82 1.87 236 35.00 ZZBG .01 1.05 .00 .01 3119 Vol Open Int 3,429 62 8,168 38,017 Puts: Strike Symbol Last Chg Bid Ask 30.00 ZZNF Vol 0 .01 .01 32.50 ZZNZ .00 .00 1.02 .00 .01 .01 562 35.00 ZZNG .60 1.14 .63 .68 2637 Open Int 7,258 34,972 19,686 You want the right, but not the obligation, to sell 300 shares of ZZ Industries stock at a price of $32.50 a share. How much will it cost you to establish this option position?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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ZZ Industries: Price 34.36
Calls:
Strike Symbol Last Chg Bid
Ask Vol
30.00 ZZBF 4.30 1.07 4.30 4.40 62
32.50 ZZBZ 1.87 1.07 1.82 1.87 236
35.00
ZZBG .01 1.05 .00 .01
3119
Puts:
Strike Symbol Last Chg Bid Ask
30.00 ZZNF
32.50 ZZNZ
.01 .00 .00
.01 1.02 .00
35.00 ZZNG .60 1.14
.63
Multiple Choice
$3.00
Vol
0
$4.00
.01
.01
.68 2637
562
Open Int
3,429
8,168
38,017
You want the right, but not the obligation, to sell 300 shares of ZZ Industries stock at a price of $32.50 a share. How much will it cost you to establish this
option position?
Open Int
7,258
34,972
19,686
Help Save & Exit Su
Transcribed Image Text:ZZ Industries: Price 34.36 Calls: Strike Symbol Last Chg Bid Ask Vol 30.00 ZZBF 4.30 1.07 4.30 4.40 62 32.50 ZZBZ 1.87 1.07 1.82 1.87 236 35.00 ZZBG .01 1.05 .00 .01 3119 Puts: Strike Symbol Last Chg Bid Ask 30.00 ZZNF 32.50 ZZNZ .01 .00 .00 .01 1.02 .00 35.00 ZZNG .60 1.14 .63 Multiple Choice $3.00 Vol 0 $4.00 .01 .01 .68 2637 562 Open Int 3,429 8,168 38,017 You want the right, but not the obligation, to sell 300 shares of ZZ Industries stock at a price of $32.50 a share. How much will it cost you to establish this option position? Open Int 7,258 34,972 19,686 Help Save & Exit Su
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