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You own a Canadian June 20 call option (size C$100,000) at the strike price $0.7340 for which you had paid a premium of $0.005. The
You own a Canadian June 20 call option (size C$100,000) at the strike price $0.7340 for which you had paid a premium of $0.005. The spot rate today is $0.7500. Ignoring the interest cost on the premium, if you exercise the option today, your profit/loss is
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Fundamentals of Investments Valuation and Management
Authors: Bradford D. Jordan, Thomas W. Miller
5th edition
978-007728329, 9780073382357, 0077283295, 73382353, 978-0077283292
