Options Speculation

Go to http://www.cmegroup.com/ and find the quotes for euro (American) option. Complete the table below. Please report the date and time when you get the data and include a screenshot of the data. Please round the premium to three decimal places.

Currency: Euro Maturity: Mar 2017
Option	Strike Price	Premium (Prior Settle)
Call	USD1.0550/EUR
Put	USD1.0550/EUR

Please calculate the buyer of the call options gross profit, net profit and identify moneyness (ITM, ATM, OTM) and break-even point given different spot rates and complete the table below.

Spot rate	1.0450	1.0500	1.0550	1.0600	1.0650	1.0700
Exercise or not
Gross profit
Net profit
Moneyness

Please illustrate the gross profit, net profit, moneyness, and break-even point of the call option in the graph.

Please calculate the buyer of the put options gross profit, net profit and identify moneyness (ITM, ATM, OTM) and break-even point given different spot rates and complete the table below.

Spot rate	1.0400	1.0450	1.0500	1.0550	1.0600	1.0650
Exercise or not
Gross profit
Net profit
Moneyness

Please illustrate the gross profit, net profit, moneyness, and break-even point of the put option in the graph.

If you believe euro will rise in value to 1.0700 in March, what should you do?

If you believe euro will fall in value to 1.0400 in March, what should you do?