Problem 10-11 (LG 10-5) Refer to Table 10-6. Price quotes are stated in 1/64ths. a. How many Exxon Mobil June 2020 $37 put options were outstanding at the open of trading on March 13, 2020? (Round your answers to 3 decimal places. (e.g., 32.161)) b. What was the settlement price of a 10-year Treasury note April 136 futures call option on March 13, 2020? (Round your answers to 4 decimal places. (e.g., 32.1616)) c. What was the closing price of a June 2,715 call option on the S&P 500 Stock Index futures contract on March 13, 2020? Calculate the dollar price of the June 2,715 call option on the S&P 500 Stock Index futures contract on March 13, 2020. (Round your answers to 2 decimal places. (e.g., 32.16)) d. What was the open interest on June 2020 put options (with an exercise price of 225) on the Dow Jones Industrial Average stock index on March 13, 2020? a. b. C. d. Put options Settlement price Closing price Dollar price Open interest 366.000 TABLE 10-6 Option Quotes, March 13, 2020 STOCK OPTIONS Underlying Asset: Exxon Mobil Stock (XOM) Expiration 03/27/20 03/27/20 04/24/20 04/24/20 05/15/20 05/15/20 06/19/20 06/19/20 Expiration 03/20/20 03/20/20 04/17/20 04/17/20 05/15/20 05/15/20 STOCK INDEX OPTIONS Underlying Asset: DJIA Index 06/19/20 06/19/20 Expiration 03/27/20 03/27/20 04/24/20 04/24/20 05/15/20 05/15/20 06/19/20 06/19/20 Strike Price 37.00 40.00 37.00 40.00 Expiration Apr 2020 Apr 2020 May 2020 May 2020 Jun 2020 Jun 2020 Jun 2020 Jun 2020 40.00 42.50 40.00 42.50 STOCK INDEX OPTIONS Underlying Asset: S&P 500 Index Expiration Apr 2020 Apr 2020 May 2020 May 2020 Strike Price 225.00 235.00 225.00 235.00 225.00 235.00 225.00 235.00 Strike Price 2705.00 2715.00 2705.00 2715.00 2710.00 2715.00 2710.00 2715.00 Strike Price 175.00 179.00 174.00 180.00 173.00 176.00 179.00 180.00 Strike Price 136.00 137.00 136.50 137.00 Last 3.00 1.50 4.50 2.75 3.40 2.37 2.80 2.68 138.00 138.50 Last 10.50 5.20 137.50 138.00 14.08 9.20 15.97 OPTIONS ON INTEREST RATE FUTURES Underlying Asset: June 2020 30-Year Treasury Bond Future 12.66 60.42 21.00 Last 64.70 64.02 0.00 136.71 201.80 199.60 187.90 170.78 Last 4:08 1'49 6'14 3:20 8:00 5:32 4:30 4'50 Volume 132 1,742 OPTIONS ON INTEREST RATE FUTURES Underlying Asset: June 2020 10-Year Treasury Note Future Last 1'19 0'44 1'43 1:22 1'08 1'01 1'55 1:32 Calls 781 154 277 2,128 55 92 Volume Calls DRNDOSoo 29 38 2 19 0 Volume 13 73 0 Calls 1 45 47 10 2 Calls Volume 47 133 88 51 10 752 43 48 Calls Volume 1,178 5,347 4,471 2,768 6,139 129 Open Interest 1 163 0 324 5,132 64 143 444 98 415 Open Interest 22 111 2 33 2 5 May 2020 May 2020 Jun 2020 Jun 2020 Sources: CBOE and CME Group websites, www.cboe.com, www.cmegroup.com 84 27 Open Interest 15 8 0 1 11 16 1 0 Open Interest 621 4:05 8:20 5:30 10/04 8:34 7:14 6/52 Open Interest 1:58 1/24 2:19 205 1'45 1:35 2:24 2/13 2.00 4.60 5.00 5.45 6.46 8.33 6.79 8.65 Last 17.35 20.50 14.95 21.14 28.70 27.50 27.90 32.97 Last 206.01 130.93 322.03 300.78 224.83 320.44 350.60 348.89 Last 1'57 3:59 2:57 6:38 3'47 5:45 8:06 7:30 Last 0:46 1:35 1:28 1'46 2'02 3:02 2:54 3'03 Puts Volume 839 114 1 8 162 21 183 32 Puts 12 12 7 Volume 12 23 Closing Price: $38.11 0 Volume 11 593 2 3 14 188 14 Closing Value: 231.86 236 Puts Volume 1 45 55 41 665 2 Closing Value: 2,710.95 Puts 2 123 Volume 3,535 6,376 5,698 6,337 224 753 Open Interest 366 568 66 135 502 716 16,159 2,348 Puts Open Interest 1,040 2,329 96 148 13 3 53 358 Open Interest 488 715 19 1 Prior Settle: 179'00 2,948 1,111 330 8 Prior Settle 1'53 4:05 3:20 6:30 4:05 5:35 7:14 7:52 Prior Settle: 137'08 Prior Settle 0:42 1'08 1:35 1'53 2:29 2:51 2:40 2'61
