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a. (iv) Junaidi bought this option on March 16. It had a strike price of $145 and an expiry date of June 14. All through
a. (iv) Junaidi bought this option on March 16. It had a strike price of $145 and an expiry date of June 14. All through May, when the stock price was less than $140, Junaidi would have exercised the option if he could, but he had to wait until June 14 to exercise. The stock price on June 14 was $147, so Junaidi let the option expire. American call option b. American put option c. European call option d. European put option [1 mark] (v) Mariam bought this option on January 3. It had a strike price of $98 and an expiry date of January 31. On January 20, when the stock price was $105, Mariam exercised the option and collected $7. American call option b. American put option ( c. c European call option d. European put option [1 mark]
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