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Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $114. Calls Puts Strike Price Vol.
Use the option quote information shown here to answer the questions that follow. The stock is currently selling for $114. Calls Puts Strike Price Vol. Last Vol. Last Option and NY Close Expiration Macrosoft Feb Mar May Aug .60 110 110 110 85 61 22 3 7.60 8.80 10.25 13.05 40 22 11 3 1.55 2.85 4.70 110 Assume each contract is for 100 shares. Suppose you sell 10 of the August 110 put contracts. d-1. What is your net gain or loss if Macrosoft is selling for $103 at expiration? (A loss amount should be indicated by a minus sign.) d- What is your net gain or loss if Macrosoft is selling for $132 at expiration? (A loss 2. amount should be indicated by a minus sign.) d- What is the break-even price -- that is, the terminal stock price that results in a zero 3. profit? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) X Answer is not complete. Gain/Loss d- 1. d- 2. d- 3. 5 Gain/Loss Break-even
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