Question
THIS IS A TWO PART QUESTION. YOU MUST GET BOTH PARTS CORRECT TO EARN CREDIT. Option Quotations for China Doll (CD) Corporation are listed as
THIS IS A TWO PART QUESTION. YOU MUST GET BOTH PARTS CORRECT TO EARN CREDIT. Option Quotations for China Doll (CD) Corporation are listed as follows: ............................................CALL.........PUT Closing.....Strike....EXP...Premium....Premium 10.23............12.40......Jul........0.2500.........2.570 10.23............12.40......Sep......0.4000.........2.720 10.23............12.90......Aug......0.5000.........3.370 10.23............13.15......Oct.......0.7000........3.820 10.23............13.40......Jun.......1.000.........4.270 "Closing" represents the closing price per share of CD on a particular trading day. PART 1: Is the Sep Call in-the-money or out-of-the-money? (answer with the word IN or the word OUT) PART 2: Is the Jun Put in-the-money or out-of-the-money? (answer with the word IN or the word OUT)
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