stock options 2005 stock and incentive plan in june 2005 , the stockholders of the company approved the 2005 stock and incentive plan ( the 2005 stock plan ) . upon adoption of the 2005 stock plan , issuance of options under the company 2019s existing 2000 stock plan ceased . additionally , in connection with the acquisition of solexa , the company assumed stock options granted under the 2005 solexa equity incentive plan ( the 2005 solexa equity plan ) . as of december 30 , 2007 , an aggregate of up to 13485619 shares of the company 2019s common stock were reserved for issuance under the 2005 stock plan and the 2005 solexa equity plan . the 2005 stock plan provides for an automatic annual increase in the shares reserved for issuance by the lesser of 5% ( 5 % ) of outstanding shares of the company 2019s common stock on the last day of the immediately preceding fiscal year , 1200000 shares or such lesser amount as determined by the company 2019s board of directors . as of december 30 , 2007 , options to purchase 1834384 shares remained available for future grant under the 2005 stock plan and 2005 solexa equity plan . the company 2019s stock option activity under all stock option plans from january 2 , 2005 through december 30 , 2007 is as follows : options weighted- average exercise price .
illumina , inc . notes to consolidated financial statements 2014 ( continued ) .
Options Weighted-   Average   Exercise Price
Outstanding at January 2, 2005 6,205,020 $6.99
Granted 2,992,300 $10.02
Exercised (869,925) $4.66
Cancelled (1,001,964) $11.00
Outstanding at January 1, 2006 7,325,431 $7.96
Granted 2,621,050 $27.24
Exercised (1,273,119) $7.28
Cancelled (314,242) $12.44
Outstanding at December 31, 2006 8,359,120 $13.94
Options assumed through business combination 1,424,332 $21.37
Granted 3,784,508 $40.64
Exercised (2,179,286) $12.06
Cancelled (964,740) $22.38
Outstanding at December 30, 2007 10,423,934 $24.26
options weighted- average exercise price
outstanding at january 2 2005 6205020 $ 6.99
granted 2992300 $ 10.02
exercised -869925 ( 869925 ) $ 4.66
cancelled -1001964 ( 1001964 ) $ 11.00
outstanding at january 1 2006 7325431 $ 7.96
granted 2621050 $ 27.24
exercised -1273119 ( 1273119 ) $ 7.28
cancelled -314242 ( 314242 ) $ 12.44
outstanding at december 31 2006 8359120 $ 13.94
options assumed through business combination 1424332 $ 21.37
granted 3784508 $ 40.64
exercised -2179286 ( 2179286 ) $ 12.06
cancelled -964740 ( 964740 ) $ 22.38
outstanding at december 30 2007 10423934 $ 24.26
what is the total value of granted options in 2007 , in millions?