70.2K

Verified Solution

Question

Finance

ABC MARKET VALUE = $52.85
CALLS PUTS
STRIKE
PRICE CHG PRICE PRICE CHG
7.15 0.25 $ 47.00 0.35 -0.03
5.25 0.15 $ 50.00 0.60 -0.05
1.70 0.09 $ 53.00 1.48 -0.04
1.00 0.09 $ 56.00 4.35 -0.1
0.50 0.09 $ 59.00 7.25 -0.12

If you purchased the call contract with strike price of $47, and at the expiration date ABC is trading at 55, How much is your win or loss?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students