Question
Refer to the stock options on Apple in the Figure 2.10 . Suppose you buy an June expiration call option on 100 shares with the
Refer to the stock options on Apple in theFigure 2.10. Suppose you buy an June expiration call option on 100 shares with the excise price of $135.
a-1.If the stock price in June is $151, will you exercise your call?
- Yes
- No
a-2.What is the net profit/loss on your position?(Input the amount as a positive value.)
expiration strike call put
may 12 2017 135 7.63 1.17
may 12 2017 140 3.8 2.71
may 12 2017 145 1.61 5.66
june 162017 135 8.05 2.07
june 162017 140 4.8 3.9
june 162017 145 2.5 6.65
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Foundations Of Finance
Authors: Arthur J. Keown, John H. Martin, J. William Petty
10th Edition
0135160618, 978-0135160619
