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Samuel Samosir works for Peregrine Investments in Jakarta, Indonesia. He focuses his time and attention...

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Finance

Samuel Samosir works for Peregrine Investments in Jakarta, Indonesia. He focuses his time and attention on the U.S. dollar/Singapore dollar ($/S$) cross-rate. The current spot rate is $1.39/S$. After considerable study, he has concluded that the Singapore dollar will appreciate versus the U.S. dollar in the coming 90 days, probably to about $1.44S$. He is considering trading options to profit and has the following options on the Singapore dollar to choose from:
\table[[Option choices on the Singapore dollar:,Call on S $,Put on S $
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