Chapter 04 · Section 4.1

Call Day 3

On day three two additional option series are traded:

Day 1                     Day 2                      Day 3
Al buys 5 Sep35 calls     Al sells 8 Sep35 calls     Al buys 5 Sep40 calls 
Sam sells 1 Sep35 calls   Sam sells 1 Sep35 calls    Sam sells 2 Sep45 puts 
Tim sells 3 Sep35 calls   Tim buys  9 Sep35 calls    Tim sells 5 Sep40 calls
                                                     Tim buys  2 Sep45 puts
                           ABC  Stock Options
                    CALL                          PUT
               Day 2   Day 3                 Day 2   Day 3
Open interest : 6      ...    Open interest : 0       ...
Trading volume: 9      ...    Trading volume: 0       ...

a) 11 & 5
b) 11
c) 5
d) 13 & 7
e) 7
f) 2

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