Suppose you purchase the June 2014 put option on corn futures with a strike price of $5.30. Assume your purchase was at the last price. Use Table 23.2 How much does your option cost per bushel of corn? (Round your answer to 5 decimal places, e.g., 32.16161.) Option cost $ 500 per bushel What is the total cost for one contract? Assume each contract is for 5,000 bushels. (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Total cost Suppose the price of corn futures is $4.91 per bushel at expiration of the option contract. What is your net profit or loss from this position? (Enter your answer as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Profit $ What is your net profit or loss if corn futures prices are $5.38 per bushel at expiration? (Enter your answer as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Loss $ Market data is delayed by at least 10 minutes Prior Settle HILO Limit Underlying Future Charts Change High Low Volume Updated Jul 2014 3074 a -90 5154 5226 5050 212,485 5424) 4724 14.3852 CT 09 May 2014 Type: American Options Expiration: Jun 2014 Strike Range: At The Money CALLS PUTS Prior HILO Limit Volume High Low Settle Change Last Prior Settle HILO Limit Price Last Change LOW High Volume Updated Updated 14:30:00 CT 09 May 2014 No Limit 0363 232 a 228 242 a 4050 140 -02 12 06 a 160 18 No Limit 14 30.00 CT 09 May 2014 14:30:00 Cr 09 May 2014 No Umt 502 320 1910 283 32 2012 4900 240 17 10 260 1.581 No Limit 14:30:00 CT 09 May 2014 14 30:00 CT 09 May 2014 Ne Umt 0 275 154 a 242 -300 162 a 4950 35b 07 28 18 a 549 No Limit 14.3000 CT 09 May 2014 14:30:00 CT 09 May 2014 No Limit 719 235 130 203 7'5 120 a 5000 52b 37 20 57 1876 No Limit 14:30:00 CT 09 May 2014 14:30:00 09 May 2014 No Umt 204 1975 02 167 -70 97 5050 73 53 34 30 1.504 No Limit 14 30.00 09 May 2014 14:30:00 CT 09 May 2014 Ne Umt 1,093 154 74 136 -82 74 a 5100 100 72 1085 1992 No Limit 1430.00 CT 09 May 2014 14:30:00 CT 09 May 2014 No Limit 731 133 50 110 110 54 54 a 5150 1310 9'3 01 140 1.345 No Limit 1430.00 CT 09 May 2014 1430:00 CT 09 May 2014 No Umt 1,531 105 35a 45 37 5200 184 120 83 1735 1.947 No Limit 143000 CT 09 May 2014 14:30:00 CT 09 May 2014 No Limit 326 930 25 3'5 27a 525.0 203 +52 151 120 a 2120 135 No Limit 14.30.00 CT 09 Ma 2014 1430:00 09 May 2014 No Umt 540 71 17 50 30 20 5300 243 57 184 153 a 2530 20 20 No Limit 14 30.00 CT 09 Mar 2014 Suppose you purchase the June 2014 put option on corn futures with a strike price of $5.30. Assume your purchase was at the last price. Use Table 23.2 How much does your option cost per bushel of corn? (Round your answer to 5 decimal places, e.g., 32.16161.) Option cost $ 500 per bushel What is the total cost for one contract? Assume each contract is for 5,000 bushels. (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Total cost Suppose the price of corn futures is $4.91 per bushel at expiration of the option contract. What is your net profit or loss from this position? (Enter your answer as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Profit $ What is your net profit or loss if corn futures prices are $5.38 per bushel at expiration? (Enter your answer as a positive value. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Loss $ Market data is delayed by at least 10 minutes Prior Settle HILO Limit Underlying Future Charts Change High Low Volume Updated Jul 2014 3074 a -90 5154 5226 5050 212,485 5424) 4724 14.3852 CT 09 May 2014 Type: American Options Expiration: Jun 2014 Strike Range: At The Money CALLS PUTS Prior HILO Limit Volume High Low Settle Change Last Prior Settle HILO Limit Price Last Change LOW High Volume Updated Updated 14:30:00 CT 09 May 2014 No Limit 0363 232 a 228 242 a 4050 140 -02 12 06 a 160 18 No Limit 14 30.00 CT 09 May 2014 14:30:00 Cr 09 May 2014 No Umt 502 320 1910 283 32 2012 4900 240 17 10 260 1.581 No Limit 14:30:00 CT 09 May 2014 14 30:00 CT 09 May 2014 Ne Umt 0 275 154 a 242 -300 162 a 4950 35b 07 28 18 a 549 No Limit 14.3000 CT 09 May 2014 14:30:00 CT 09 May 2014 No Limit 719 235 130 203 7'5 120 a 5000 52b 37 20 57 1876 No Limit 14:30:00 CT 09 May 2014 14:30:00 09 May 2014 No Umt 204 1975 02 167 -70 97 5050 73 53 34 30 1.504 No Limit 14 30.00 09 May 2014 14:30:00 CT 09 May 2014 Ne Umt 1,093 154 74 136 -82 74 a 5100 100 72 1085 1992 No Limit 1430.00 CT 09 May 2014 14:30:00 CT 09 May 2014 No Limit 731 133 50 110 110 54 54 a 5150 1310 9'3 01 140 1.345 No Limit 1430.00 CT 09 May 2014 1430:00 CT 09 May 2014 No Umt 1,531 105 35a 45 37 5200 184 120 83 1735 1.947 No Limit 143000 CT 09 May 2014 14:30:00 CT 09 May 2014 No Limit 326 930 25 3'5 27a 525.0 203 +52 151 120 a 2120 135 No Limit 14.30.00 CT 09 Ma 2014 1430:00 09 May 2014 No Umt 540 71 17 50 30 20 5300 243 57 184 153 a 2530 20 20 No Limit 14 30.00 CT 09 Mar 2014