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Refer to Figure 2.10 and look at the IBM options. Suppose you buy a October 2013 expiration call option with exercise price $185. a-1. Suppose
Refer to Figure 2.10 and look at the IBM options. Suppose you buy a October 2013 expiration call option with exercise price $185. |
a-1. | Suppose the stock price in October is $193. will you exercise your call? | ||||
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a-2. | What is the profit (loss) on your position? (Input the amount as a positive value. Round your answer to 2 decimal places. Omit the "$" sign in your response.) |
(Click to select)LossProfit | $ |
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