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is this the info that u miss? NOTE* I need steps of solving plz Question 2 a) The initial margin of $7,341 b) $25/point x

is this the info that u miss?

NOTE* I need steps of solving plz image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Question 2 a) The initial margin of $7,341 b) $25/point x 6145 points = $153,625 c) open position at close of day is the net of all the trades which is 60 LONG contracts d) Over the day you lose 1145 points from your trades e) The value of your loss is 1145 points x $25/point = $28,625.00 f) YOU will deposit $25,884 into your margin account to maintain your maintenance margin You are a private trader, trading on your own account in the Australian futures market. After several months of trading the SP1200 futures contract, and several months of research, you decide to trade options on the SP1200 futures contract because the futures market has been quiet and it is difficult to generate the daily profit required to maintain your lifestyle. At close of trading yesterday, you liquidated your open position in the SP1200 futures contract. Today was your first day of trading options over the SP1200 contract. Your trades are listed in the table below. Using the information provided in both question 1 and this question 2, please answer the following questions. (Hint: to answer this question it is suggested you copy and complete the table below in the answer book provided). Number Traded Strike Option Type Call / Put Price SPI 200 Price Premium (points) Open Position Contracts Total premium received / (paid) (points) +100 (ie long 100) -150 (ie short 150) -150 -150 -150 Put Putl Put Puti Put 7025 7025 7025 7025 7025 7018 7023 7028 7015 7014 12 20 25.5 9.9 9.4 a) The type of option traded on this day was a put option with a strike price of 7025. Options were purchased and sold. When the put option was sold, what requirement was placed on a) The type of option traded on this day was a put option with a strike price of 7025. Options were purchased and sold. When the put option was sold, what requirement was placed on you, the seller of the option? (1 mark) b) The clearing house plays an important role in derivatives markets. What is the role of the clearing house and how does it execute this role? (1 mark) c) What is your open position at the close of trading? (nb. please denote if you are long or short) (2 marks) d) In points, what was your profit (loss) for the day? (3 marks) e) In dollars, what was your profit (loss) for the day? (1 mark) f) Before the commencement of trading the next day, how much money will be deposited into your account and by whom will this amount be deposited? (2 marks) After several months of trading single options, and several months of research, you start trading option strategies on the SP1200 futures contract. At close of trading yesterday, you liquidated all your open positions in the SP1200 futures and options contract. Today was your first day of trading these option combinations over the SP1200 contract. Your trades are listed in the table below. Using the information provided in questions 1 and 2 and this question 3, please answer the following questions. (Hint: to answer this question it is suggested you copy and complete the tables and chart below in the answer book provided). Number Traded Option Type Call / Put Strike Price SPI 200 Price Premium (points) Total premium received I(paid) (points) 18.5 32 +100 (ie long 100) -200 (ie short 200) +100 -200 Market Close Call Call Put Put 7025 7000 6975 7000 6998 7002 6997 7005 7008 19.5 33 SP1200 Market Level Premium received / (paid) (points) 7000P 7000C 7025C Profit / (loss) (dollars) 6975PL Resultant 6925 6950 6975 7000 7025 7050 7075 L L 12000 10000 8000 6000 4000 2000 0 6925 6950 6975 7000 7025 7050 -2000 -4000 -6000 a) Complete the profit / (loss) table above showing the profit and loss in points and dollars of your option strategy at expiry at each SP1200 market level (22 marks) b) Draw the resultant expiry profit diagram (2 marks) c) Should the SP1200 futures contract expire at 7022, what is the resultant payoff in points and dollars? (1 mark) Question 2 a) The initial margin of $7,341 b) $25/point x 6145 points = $153,625 c) open position at close of day is the net of all the trades which is 60 LONG contracts d) Over the day you lose 1145 points from your trades e) The value of your loss is 1145 points x $25/point = $28,625.00 f) YOU will deposit $25,884 into your margin account to maintain your maintenance margin You are a private trader, trading on your own account in the Australian futures market. After several months of trading the SP1200 futures contract, and several months of research, you decide to trade options on the SP1200 futures contract because the futures market has been quiet and it is difficult to generate the daily profit required to maintain your lifestyle. At close of trading yesterday, you liquidated your open position in the SP1200 futures contract. Today was your first day of trading options over the SP1200 contract. Your trades are listed in the table below. Using the information provided in both question 1 and this question 2, please answer the following questions. (Hint: to answer this question it is suggested you copy and complete the table below in the answer book provided). Number Traded Strike Option Type Call / Put Price SPI 200 Price Premium (points) Open Position Contracts Total premium received / (paid) (points) +100 (ie long 100) -150 (ie short 150) -150 -150 -150 Put Putl Put Puti Put 7025 7025 7025 7025 7025 7018 7023 7028 7015 7014 12 20 25.5 9.9 9.4 a) The type of option traded on this day was a put option with a strike price of 7025. Options were purchased and sold. When the put option was sold, what requirement was placed on a) The type of option traded on this day was a put option with a strike price of 7025. Options were purchased and sold. When the put option was sold, what requirement was placed on you, the seller of the option? (1 mark) b) The clearing house plays an important role in derivatives markets. What is the role of the clearing house and how does it execute this role? (1 mark) c) What is your open position at the close of trading? (nb. please denote if you are long or short) (2 marks) d) In points, what was your profit (loss) for the day? (3 marks) e) In dollars, what was your profit (loss) for the day? (1 mark) f) Before the commencement of trading the next day, how much money will be deposited into your account and by whom will this amount be deposited? (2 marks) After several months of trading single options, and several months of research, you start trading option strategies on the SP1200 futures contract. At close of trading yesterday, you liquidated all your open positions in the SP1200 futures and options contract. Today was your first day of trading these option combinations over the SP1200 contract. Your trades are listed in the table below. Using the information provided in questions 1 and 2 and this question 3, please answer the following questions. (Hint: to answer this question it is suggested you copy and complete the tables and chart below in the answer book provided). Number Traded Option Type Call / Put Strike Price SPI 200 Price Premium (points) Total premium received I(paid) (points) 18.5 32 +100 (ie long 100) -200 (ie short 200) +100 -200 Market Close Call Call Put Put 7025 7000 6975 7000 6998 7002 6997 7005 7008 19.5 33 SP1200 Market Level Premium received / (paid) (points) 7000P 7000C 7025C Profit / (loss) (dollars) 6975PL Resultant 6925 6950 6975 7000 7025 7050 7075 L L 12000 10000 8000 6000 4000 2000 0 6925 6950 6975 7000 7025 7050 -2000 -4000 -6000 a) Complete the profit / (loss) table above showing the profit and loss in points and dollars of your option strategy at expiry at each SP1200 market level (22 marks) b) Draw the resultant expiry profit diagram (2 marks) c) Should the SP1200 futures contract expire at 7022, what is the resultant payoff in points and dollars? (1 mark)

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