Question
Nathan sold a call option on Euro for $0.02 per unit. The strike price was $1.225 and the spot rate at the time the option
Nathan sold a call option on Euro for $0.02 per unit. The strike price was $1.225 and the spot rate at the time the option expires was $1.236. assume there are 125,000 units in one EUR option. What was Nathan's net profit/loss on this option?
Ans : $1125
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Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter
8th Canadian Edition
007133887X, 978-0071338875
