Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider the following information for Walt Disney options as provided by the Chicago Board Options Exchange. Imagine it is now May 1 0 t h

Consider the following information for Walt Disney options as provided by the Chicago Board Options Exchange. Imagine it is now May 10th,2023. You decided to sell three June Put contracts on Walt Disney stock, with an exercise price of US$97.
Data & Access Cboe Market Data Cboe Hanweck Access Services Trade Alert Index Data FT Options Cboe Silexox
Cboe DataShop Cboe LiveVol Quotes Dashboard Market Statistics
Options analyuics provided by Datashop
Walt Disney Co (dis)
2023-05-1015:59:59 ET (Delayed)
Bid: 95.65 Ask 95.72 Vol: 19,295,662
Last 95.7 Change: -5.4215(+-5.3604%)
Filters By:
Volume:
Expliration Type:
Options Range:
All All
Near the Money
Size:
Expiration:
Options Chain
Total Records 30
Calls
Fri Jun 022023^ Puts
\table[[Last,Net,Bid,Ask,Vol,N,Delta Gamma,Int,],[9.5,-1.075,9.35,9.65,4,0.4,0.819,0.0258,6],[6.45,+0,8.55,8.9,0,0.4,0.7922,0.0283,2],[8,-0.925,7.8,8.05,3,0.4,0.7628,0.0309,24],[7.2,-0.975,7.05,7.3,15,0.39,0.7306,0.0334,17],[6.4,-1.025,6.35,6.6,7,0.39,0.6959,0.0357,26],[5.45,-1.25,5.7,5.9,3,0.38,0.659,0.0377,152]]
\table[[Strike,Last,Net,Bid,Ask,Vol,IV,Delta Gamma,Int],[DIS 93.000,1.06,+0.135,1.02,1.09,115,0.4,-0.1820.0259,185],[DIS 94.000,1.19,+0.1,1.2,1.28,19,0.4,-0.2090.0285,84],[DIS 95.000,1.44,+0.15,1.42,1.48,36,0.39,-0.23870.0311,375],[DIS 96.000,1.6,*0.085,1.67,1.76,35,0.39,-0.27110.0336,131],[DIS 97.000,1.98,+0.205,1.95,206,10,039,0.30620.036,225],[DIS 98.000,2.37,+0.305,2.29,24,73,0.38,-0.34340.0381,163]]
The proceeds of the sale of these contracts come closest to (ignoring the costs of your broker)?
Your answer is correct
$528
$501
$618
$585
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management

Authors: Geoffrey Knott

4th Edition

1403903824, 9781403903822

More Books

Students also viewed these Finance questions