Use the following option quote to answer the questions below 24 Oct 2020 Aspendale Ltd Last share sale price $25 00 Sv CALLS LAST PUTS LAST July 2021 Aug 2021 Jun 2021 July 2021 Aug 2021 Strike price Jun 2021 $5 45 $20 00 $5 50 $5 60 $2 30 $2 90 $3 42 a) Suppose you own 100 July $20 call contracts Aspendale shares are selling for $27 on the expiration date (0) What is the value of one July call option on the expiration date Answer $ (keep 2 decimal places) (ii) What is the profit on one July call option at the expiration date Answer $ (keep 2 decimal places) b) Are the June put options currently in the money Yes No (choose one answer) Answer What is the minimum price the August call option should sell for on 24 Oct 2020 Answer $ (keep 2 decimal places) Use the following option quote to answer the questions below 24 Oct 2020 Aspendale Ltd Last share sale price $25 00 Sv CALLS LAST PUTS LAST July 2021 Aug 2021 Jun 2021 July 2021 Aug 2021 Strike price Jun 2021 $5 45 $20 00 $5 50 $5 60 $2 30 $2 90 $3 42 a) Suppose you own 100 July $20 call contracts Aspendale shares are selling for $27 on the expiration date (0) What is the value of one July call option on the expiration date Answer $ (keep 2 decimal places) (ii) What is the profit on one July call option at the expiration date Answer $ (keep 2 decimal places) b) Are the June put options currently in the money Yes No (choose one answer) Answer What is the minimum price the August call option should sell for on 24 Oct 2020 Answer $ (keep 2 decimal places)

Question

Use the following option quote to answer the questions below  24 Oct 2020 Aspendale Ltd Last share sale price $25 00 Sv  CALLS   LAST PUTS   LAST July 2021 Aug 2021 Jun 2021 July 2021 Aug 2021 Strike price Jun 2021 $5 45 $20 00 $5 50 $5 60 $2 30 $2 90 $3 42 a) Suppose you own 100 July $20 call contracts  Aspendale shares are selling for $27 on the expiration date  (0) What is the value of one July call option on the expiration date  Answer  $ (keep 2 decimal places) (ii) What is the profit on one July call option at the expiration date  Answer  $ (keep 2 decimal places) b) Are the June put options currently in the money  Yes   No (choose one answer) Answer    What is the minimum price the August call option should sell for on 24 Oct 2020  Answer  $ (keep 2 decimal places) Use the following option quote to answer the questions below  24 Oct 2020 Aspendale Ltd Last share sale price $25 00 Sv  CALLS   LAST PUTS   LAST July 2021 Aug 2021 Jun 2021 July 2021 Aug 2021 Strike price Jun 2021 $5 45 $20 00 $5 50 $5 60 $2 30 $2 90 $3 42 a) Suppose you own 100 July $20 call contracts  Aspendale shares are selling for $27 on the expiration date  (0) What is the value of one July call option on the expiration date  Answer  $ (keep 2 decimal places) (ii) What is the profit on one July call option at the expiration date  Answer  $ (keep 2 decimal places) b) Are the June put options currently in the money  Yes   No (choose one answer) Answer    What is the minimum price the August call option should sell for on 24 Oct 2020  Answer  $ (keep 2 decimal places)

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Question

Use the following option quote to answer the questions below. 24 Oct 2020 Aspendale Ltd Last share sale price $25.00 Sv. CALLS - LAST PUTS

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