Question
Several months ago you purchased a call option on a crude oil futures contract with an exercise price of $6,200.00. Today is the expiration date,
Several months ago you purchased a call option on a crude oil futures contract with an exercise price of $6,200.00. Today is the expiration date, and the futures price is $6,320.00.
a. Will you exercise the option? Yes/No
b. What will be your profit? (Enter 0 if there is no profit or return from not exercising the option. Round your answer to 2 decimal places.).
Profit $
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Mathematics Of Finance
Authors: Robert Brown, Steve Kopp, Petr Zima
8th Edition
0070876460, 978-0070876460
