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Required: a. You have just purchased the options listed below. Based on the information given, indicate whether the option is in the money, or
Required: a. You have just purchased the options listed below. Based on the information given, indicate whether the option is in the money, or out of the money, whether you would exercise the option if it were expiring today, what the dollar profit would be, and what the percentage return would be. (Enter "O" if there is no profit or return from not exercising the option. Round your answers to 2 decimal places. Loss amounts should be indicated by a minus sign.) Today's Stock Company Option Strike Price In/Out of the Money? Premium Exercise? Net Profit Return ABC Call $ 10.00 $ 10.26 In the money $ 0.94 Yes 59 $ (0.68) (0.72) % ABC Put EA $ 10.00 $ 10.26 Out of the money $ 0.79 No $ (0.79) % XYZ Call $ 25.00 $ 23.93 Out of the money EA 0.89 No $ (0.89) % XYZ Put 69 $ 25.00 $ 23.93 In the money EA $ 2.09 Yes %
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