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Answer all questions below. State all debits, credits, profits and losses in points. Unless otherwise stated, use the data tables that were given to you
Answer all questions below. State all debits, credits, profits and losses in points. Unless otherwise stated, use the data tables that were given to you for SPX Options for Friday, November 16, 2018. 1. Based on the 11/16/18 data, on that date, how many points would it cost to buy a 2800 SPX call with 28 days to expiration? Answer: 2. Same facts as Question 1. Where would the break-even point be if you held this call to expiration? 3. Same facts as Question 1. What would be the theoretical maximum profit? Answer: 4. Same facts as Question 1. What would be the theoretical maximum loss? Answer: 5. Same facts as Question 1. What would be the price of the call if the market suddenly (same day) shot up 40 points? Answer: 6. Same facts as Question 1. If the market finished at 2750 when this call expired, what would be your profit or loss? Answers points profit OR loss Answer all questions below. State all debits, credits, profits and losses in points. Unless otherwise stated, use the data tables that were given to you for SPX Options for Friday, November 16, 2018. 1. Based on the 11/16/18 data, on that date, how many points would it cost to buy a 2800 SPX call with 28 days to expiration? Answer: 2. Same facts as Question 1. Where would the break-even point be if you held this call to expiration? 3. Same facts as Question 1. What would be the theoretical maximum profit? Answer: 4. Same facts as Question 1. What would be the theoretical maximum loss? Answer: 5. Same facts as Question 1. What would be the price of the call if the market suddenly (same day) shot up 40 points? Answer: 6. Same facts as Question 1. If the market finished at 2750 when this call expired, what would be your profit or loss? Answers points profit OR loss
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