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Speculating with Currency Call Options Randy Rudecki purchased a call option on British pounds for $.02 per unit.The strike price was $1.45, and the spot
Speculating with Currency Call Options
Randy Rudecki purchased a call option on British pounds for $.02 per unit.The strike price was $1.45, and the spot rate at the time the option was exercised was $1.46.Assume there are 31,250 units in a British pound option.What was Randy's net profit on this option?
Hi,
I just nee the chart of this problem. Please draw payoff charts,Find where the net profit per unit is along the payoff line.
Thank you!
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