$\begin{array}{|r|l|r|r|r|r|r|r|}
\hline \text { Quote } & \text { Symbol }& \text { Last }&\text { Chg } &\text { Bid } & \text { Ask } &\text { Vol } &\text { Open } \
&&&&&&&\text {Int}\
\hline 1 & \text { F120218C00004000 } & 8.83 & 0.00 & 8.75 & 8.85 & 17 & 19 \
\hline 2 & \text { F120218C00005000 } & 7.40 & 0.00 & 7.75 & 7.80 & 20 & 34 \
\hline 3 & \text { F120218C00006000 } & 6.82 & +0.37 & 6.75 & 6.80 & 12 & 26 \
\hline 4 & \text { F120218C00007000 } & 5.80 & +0.05 & 5.75 & 5.80 & 10 & 51 \
\hline 5 & \text { F120218C00008000 } & 4.45 & 0.00 & 4.75 & 4.85 & 5 & 45 \
\hline
\end{array}$

-What is the exercise price for "Quote 1"
A) $8.83
B) $20.21
C) $4.00
D) $883.00
E) None of the above

Question

$\begin{array}{|r|l|r|r|r|r|r|r|}
\hline \text { Quote } & \text { Symbol }& \text { Last }&\text { Chg } &\text { Bid } & \text { Ask } &\text { Vol } &\text { Open } \
&&&&&&&\text {Int}\
\hline 1 & \text { F120218C00004000 } & 8.83 & 0.00 & 8.75 & 8.85 & 17 & 19 \
\hline 2 & \text { F120218C00005000 } & 7.40 & 0.00 & 7.75 & 7.80 & 20 & 34 \
\hline 3 & \text { F120218C00006000 } & 6.82 & +0.37 & 6.75 & 6.80 & 12 & 26 \
\hline 4 & \text { F120218C00007000 } & 5.80 & +0.05 & 5.75 & 5.80 & 10 & 51 \
\hline 5 & \text { F120218C00008000 } & 4.45 & 0.00 & 4.75 & 4.85 & 5 & 45 \
\hline
\end{array}$

-What is the exercise price for "Quote 1"
A) $8.83
B) $20.21
C) $4.00
D) $883.00
E) None of the above

Quizplus · Accepted Answer

The exercise price for option quotes is located in the symbol. The last four digits of the symbol represent the exercise price. Therefore, in "Quote 1", the exercise price is $4.00, which corresponds to the symbol suffix of "00004000".

-What Is the Exercise Price for "Quote 1" A) $8

-What Is the Exercise Price for "Quote 1"
A) $8