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Use the following option quote to answer the questions below. 21 May 2021 Mentone Ltd Last share sale price $25.00 Strike price Jun 2021
Use the following option quote to answer the questions below. 21 May 2021 Mentone Ltd Last share sale price $25.00 Strike price Jun 2021 $20.00 $5.45 (1) Answer: $ CALLS - LAST July 2021 $5.50 (ii) Answer: $ Aug 2021 Jun 2021 $5.60 $2.30 PUTS - LAST July 2021 $2.90 Mentone shares are selling for $32 on the expiration date. What is the value of one July call option on the expiration date?. Answers must be rounded to 2 dp. (1 mark) Aug 2021 $3.42 What is the profit on one July call option at the expiration date?. Answers must be rounded to 2 dp. (1 mark) b) Are the June put options currently in the money? (1 mark) Answer: c) What is the minimum price the August call option should sell for on 21 May 2021?. Answers must be rounded to 2 dp. (1 mark) Answer: $
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