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Exhibit 16.8 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM Refer to Exhibit 16.8. If you establish a long straddle using the options with a
Exhibit 16.8 USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM Refer to Exhibit 16.8. If you establish a long straddle using the options with a 95 exercise price, what is your dollar gain or loss if at expiration XYZ is still trading at 10111/16 ? a. $81.25 loss b. $175.00 loss c. $94.56 gain d. $668.75 gain e. $668.75 loss
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