Chapter 03 · Section 3.1

Wall Street

LISTED U.S. OPTIONS               The Wall Street Journal       
--------------------------------------------------------------- 
Wednesday June 12, 1995           3:00 p.m. New York Time       
Prices of all options. Sales unit usually is 100 shares.        
Security description includes exercise price.                   
--------------------------------------------------------------- 
CBOE     Strike      Calls-last                Puts-last         
         Price                                                   
         Jun     Jul   Aug       Jun      Jul      Aug  
Coke     45       r     r         r        s       1/4  
 54 1/4  50       r     r         r        r       5/8  
 54 1/4  55       5/8   2 1/4     15/16    1 11/16 2 1/8 
 54 1/4  60       7/8   r         6 1/4    6 1/4   r 

• a) no
  Yes. The underlying asset is traded on Wall Street but the option is traded on the Chicago Board Option Exchange (CBOE). Note however that the underlying stocks usually are traded on more than one exchange. Continue
  b) yes

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