Question
The table below contains information for an XRAY, Inc. call option. XRAY common stock is currently selling for $43.40. Expiration Strike Last Volume Open Interest
The table below contains information for an XRAY, Inc. call option. XRAY common stock is currently selling for $43.40.
| Expiration | Strike | Last | Volume | Open Interest |
| Nov | 22.00 | 3.00 | 2,156 | 11,579 |
|
| ||||
a. Is the option in the money?
(Click to select)YesNo
b. What is the profit on this position?
Profit $
c. Suppose that on the expiration date the stocks price is $20.00. Will you exercise the call option?
(Click to select)YesNo
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Renewable Energy Finance Theory And Practice
Authors: Santosh Raikar, Seabron Adamson
1st Edition
0128164417, 9780128164419
