Chapter 02 · Section 2.1

Class

Which of the following options are of the same class

• a) IBM put July 145 and MMM put July 100.
  No. Although these options are the same type (puts), they have a different underlying stock and therefore are not of the same class.
  b) IBM call July 145 and MMM put July 100.
  c) IBM call July 145 and IBM put July 145.
  d) None of the above.

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