| Suppose you purchase the June 2014 put option on corn futures with a strike price of $4.85. 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.) |
| 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.) |
| Suppose the price of corn futures is $4.73 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.) |
| (Click to select)LossProfit | $ |
| What is your net profit or loss if corn futures prices are $4.93 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.) |
| (Click to select)ProfitLoss | $ |
Corn Options Quotes Globex View another product OS 49 Quotes Settlements Volume Time & Sales Contract Specs Margins Calendar Globex Futures Open Outcry Futures Globex Options Open Outcry Options Auto Refresh is ON Market data is delayed by at least 10 minutes Prior Settle Underlying Future Charts Last Change HI/LO Limit High Low Volume Updated Jul 2014 507'43 90 5164 5220 5056 212,485 5424 4724 14:35 52 CT 09 May 2014 Type: American Options Expiration: Jun 2014 Strike Range: At The Money CALLS PUTS HILO Limit Volume Prior Settle Change High Hi/LO Limit Low Strike Price Updated Last Prior Change Settle Last Low High Volume Updated 14:30:00 09 May 2014 No Limit 0 363 232 a 328 242 a 485.0 140 12 06 a 16 16 No Limit 14:30:00 09 May 2014 14:30:00 CT 09 May 2014 No Limit 502 320D 191 a 283 82 201 a 490.0 24+05 17 10 26b 1.581 NO Limit 14:30:00 CT 09 May 2014 14:30:00 CT 14:30:00 CT 09 May 2014 No Limit 0 275 154 a 242 -80 162 a 4950 35 +07 26 15 a41b 549 No Limit 09 May 2014 14:30:00 CT 09 May 2014 No Limit 719 235 130 203 -75 125 a 500.0 520 37 20 575 1.876 No Limit 14:30:00 09 May 2014 14:30:00 CT 09 May 2014 No Limit 204 1970 92 a 167 -70 97 505.0 73b20 53 34 80b 1504 No Limit 14:30:00 CT 09 May 2014 14:30:00 09 May 2014 No Limit 1093 1644 74 136 -62 74 a 510.0 100 -26 72 44 105 1.892 NO Limit 14:30:00 CT 09 May 2014 14.30:00 CT 09 May 2014 NO Limit 731 133 50 110 -544 54 a 515.0 131 93 140 1,345 No Limit 14:30:00 09 May 2014 No Limit 1.631 105 35 a 85 -46 37 520.0 1640 44 120 83 1730 1.947 No Limit 14:30:00 CT 09 May 2014 14:30:00 CT 09 May 2014 14:30:00 CT 09 May 2014 No Limit 326 836 25 a 65 -3's 27 a 525.0 2030 +52 151 120 a 2120 135 NO Limit 14:30:00 CT 09 May 2014 14:30:00 CT 09 May 2014 NO Limit 640 71 17 50 -30 20 530.0 2430 -57 184 153 a 2530 20 NO Limit 14:30:00 CT 09 May 2014 Corn Options Quotes Globex View another product OS 49 Quotes Settlements Volume Time & Sales Contract Specs Margins Calendar Globex Futures Open Outcry Futures Globex Options Open Outcry Options Auto Refresh is ON Market data is delayed by at least 10 minutes Prior Settle Underlying Future Charts Last Change HI/LO Limit High Low Volume Updated Jul 2014 507'43 90 5164 5220 5056 212,485 5424 4724 14:35 52 CT 09 May 2014 Type: American Options Expiration: Jun 2014 Strike Range: At The Money CALLS PUTS HILO Limit Volume Prior Settle Change High Hi/LO Limit Low Strike Price Updated Last Prior Change Settle Last Low High Volume Updated 14:30:00 09 May 2014 No Limit 0 363 232 a 328 242 a 485.0 140 12 06 a 16 16 No Limit 14:30:00 09 May 2014 14:30:00 CT 09 May 2014 No Limit 502 320D 191 a 283 82 201 a 490.0 24+05 17 10 26b 1.581 NO Limit 14:30:00 CT 09 May 2014 14:30:00 CT 14:30:00 CT 09 May 2014 No Limit 0 275 154 a 242 -80 162 a 4950 35 +07 26 15 a41b 549 No Limit 09 May 2014 14:30:00 CT 09 May 2014 No Limit 719 235 130 203 -75 125 a 500.0 520 37 20 575 1.876 No Limit 14:30:00 09 May 2014 14:30:00 CT 09 May 2014 No Limit 204 1970 92 a 167 -70 97 505.0 73b20 53 34 80b 1504 No Limit 14:30:00 CT 09 May 2014 14:30:00 09 May 2014 No Limit 1093 1644 74 136 -62 74 a 510.0 100 -26 72 44 105 1.892 NO Limit 14:30:00 CT 09 May 2014 14.30:00 CT 09 May 2014 NO Limit 731 133 50 110 -544 54 a 515.0 131 93 140 1,345 No Limit 14:30:00 09 May 2014 No Limit 1.631 105 35 a 85 -46 37 520.0 1640 44 120 83 1730 1.947 No Limit 14:30:00 CT 09 May 2014 14:30:00 CT 09 May 2014 14:30:00 CT 09 May 2014 No Limit 326 836 25 a 65 -3's 27 a 525.0 2030 +52 151 120 a 2120 135 NO Limit 14:30:00 CT 09 May 2014 14:30:00 CT 09 May 2014 NO Limit 640 71 17 50 -30 20 530.0 2430 -57 184 153 a 2530 20 NO Limit 14:30:00 CT 09 May 2014
