Question
You own a Dec 20 call option with a strike price of $0.8050 for which you paid a premium of $0.015. The contract size is
You own a Dec 20 call option with a strike price of $0.8050 for which you paid a premium of $0.015. The contract size is C$100,000. Currently, the option is trading at a premium of $0.0215 and the current spot rate is $0.8200 . If you sell the option now, ignoring the interest cost on the premium, your profit/loss from the sale is :
| A. | $650 | |
| B. | -$1500 | |
| C. | $1500 | |
| D. | -$650 |
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Communication Essentials For Financial Planners
Authors: John E. Grable
1st Edition
1119350786, 978-1119350781
