3. Use the Euro option data below, at that time Euro spot exchange is 1.1173 $/Euro: For the Calls and Puts with strike 111, 112, and 113; determine the 1:

Intrinsic Value, 2: Speculative value and 3: if the option is In-the-Money or Out-of-

the-Money. Use the Ask price for option premium.

Feb 20, 2015	0	111.50	Feb 20, 2015	1.71	0
Feb 20, 2015	0
112.00	Feb 20, 2015	1.94 1.99	1

Option Chain for PHLX U.S. Dollar-Settled Euro Currency

Calls

Chg

Bid

Ask

Vol

Open Int Strike

Puts

Chg

Bid

Ask

Vol

Open Int