What is the value of one August 25 call option contract?
A)$4.60
B)$.10
C)$615
D)$10
E)$6.15

Question

What is the value of one August 25 call option contract? 
A)$4.60 
B)$.10 
C)$615 
D)$10 
E)$6.15

Quizplus · Accepted Answer

The value of the call option contract can be found by multiplying the strike price of the option by the cost of the option. The strike price for the August 25 call option is $615 and the cost of the option is $1. This means that the value of the call option contract is $615 x $1 = $615. So, the best choice is C.

What Is the Value of One August 25 Call Option