Question
You own a gold mine expected to produce 1million ounces of gold over the course of the next month. Say the current price of gold
- You own a gold mine expected to produce 1million ounces of gold over the course of the next month. Say the current price of gold is $1500 oz., and following options exist:
Current price of gold Strike 1 month Calls 1 month Puts
$1500 1450 $55 $9
$1500 1550 $11 $53
Provide an options strategy for the CFO that would collar the price of gold over the next month. Be specific, and provide the total cost of the strategy.
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I Don T Trust You But Blockchain And Bitcoin Will Help
Authors: Damu Winston Mba
1st Edition
1734182512, 978-1734182514
