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Refer to the stock options on Apple in the Elgure 210. Suppose you buy an June expiration call option on 30 shares with the excise

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Refer to the stock options on Apple in the Elgure 210. Suppose you buy an June expiration call option on 30 shares with the excise price of $145 2.1. If the stock price in June is $149, will you exercise your call? Yes O NO 0-2. What is the net profitloss on your position? (Input the amount as a positive value.) Net profit of 0-3. What is the rate of return on your position? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places) Rate of return % b-1. Would you exercise the call if you had bought the June call with the exercise price 510 o Yes NO b-2. What is the net profitloss on your position? (Input the amount oso positive value) b-3. What is the rate of return on your position? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) Rate of return % C-1. What if you had bought an June put with exercise price $145 instead? Would you exercise the put at a stock price of $145? Yes NO C-2. What is the rate of return on your position? (Negative value should be indicated by a minus sinn Strike Call Put FIGURE 2.10 Option prices on Apple (AAPL), April 18, 2017 Expiration May 12, 2017 May 12, 2017 May 12, 2017 June 16, 2017 June 16, 2017 June 16, 2017 135 140 145 135 140 7.63 3.80 1.61 8.05 4.80 2.50 1.17 2.71 5.60 2.07 3.90 6.65 Note: Apple stock price on April 18, 2017 was $141.20. Source: Compiled from data downloaded from Nude www.asdaq.com 145

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