i wasted 15 minutes of my life on this Q following, minutes, current, likely, price

dvilayphet

let's see if i am the only one.

consider a share ABC stock with current price of 50. Which of the following options on ABC stock will most likely have the lowest vega? A long:

A. Put with strike of 10
B. Call with strike of 90
C. Put with the strike of 50 and short call with strike of 50.

I am sure most of you will get it right.
I post answer after 5 responses.