14.1 Option Prices You want to find the option prices for ConAgra Foods (CAG). Go to finance.yahoo.com, get a stock quote, and follow the "Options" link. What is the option premium and strike price for the highest and lowest strike price options that are nearest to expiring? What are the option premium and strike price for the highest and lowest strike price options expiring next month?

14.2 Option Symbol Construction What is the option symbol for a call option on Cisco Systems (CSCO) with a strike price of $25 that expires in July. Go to www.cboe.com, follow the "Trading Tools" link, then the "Symbol Lookup" link. Find the basic ticker symbol for Cisco Systems options. Next, follow the "Strike Price Code" link. Find the codes for the expiration month and strike price and construct the ticker symbol. Now construct the ticker symbol for a put option with the same strike price and expiration.

14.3 Option Expiration Go to www.cboe.com, highlight the "Trading Tools" tab, then follow the "Expiration Calendar" link. On what day do equity options expire in the current month? On what day do they expire next month?

14.4 LEAPS. Go to www.cboe.com, highlight the "Products" tab, then follow the "LEAPS" link. What are LEAPS? What are the two types of LEAPS? What are the benefits of equity LEAPS? What are the benefits of index LEAPS?

14.5 FLEX Options Go to www.cboe.com, highlight the "Institutional" tab, then follow the "FLEX Options" link. What is a FLEX option? When do FLEX options expire? What is the minimum size of a FLEX option?