Question
Show work please! Assume the current market prices for UUU, WWW, XXX, YYY, and ZZZ are $23.43, $6.85, $33.85, $27.68, and $79.00 respectively. Determine whether
Show work please!
Assume the current market prices for UUU, WWW, XXX, YYY, and ZZZ are
$23.43, $6.85, $33.85, $27.68, and $79.00 respectively. Determine whether
the following options are in, at, or out of the money. Let 1 be "in",
0 be "at", and -1 be "out".
1. A put option you are holding on UUU stock has a strike price of $25.00.
The put premium on the option was $0.15 per share when you bought it.
2. A call option you are holding on WWW stock has a strike price of $6.50.
The call premium on the option was $0.21 per share when you bought it.
3. A call option you wrote on XXX stock has a strike price of $31.00.
The call premium on the option was $0.20 when you wrote the option.
4. A put option you wrote on YYY stock has a strike price of $29.00.
The put premium on the option was $0.15 when you wrote the option.
5. A put option you are holding on ZZZ stock has a strike price of $79.00.
The put premium on the option was $0.11 when you bought the option.
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