Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The amount of premium spent on the following IBM call position is closest to: Underlyer Ticker IBM Current Price $ 125 Derivative Position Put/Calls Calls
The amount of premium spent on the following IBM call position is closest to:
| Underlyer | |
| Ticker | IBM |
| Current Price | $ 125 |
| Derivative Position | |
| Put/Calls | Calls |
| Strike | $ 130 |
| Price per contract | $ 8.25 |
| Expiration date | 4/15/2022 |
| # of Contracts | 3200 |
| Delta | 0.56 |
| Theta | -0.32 |
| Vega | 0.189 |
A)$2,640,000
B)$3,300,000
C)$26,400
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Investing All In One For Dummies
Authors: Eric Tyson
2nd Edition
1119873037, 978-1119873037
