Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Refer to Figure 15.1, which lists the prices of various IBM options. Use the dat

ID: 2711390 • Letter: R

Question

Refer to Figure 15.1, which lists the prices of various IBM options. Use the data in the figure to calculate the payoff and the profit/loss for investments in each of the following Oct-11 expiration options, assuming that the stock price on the expiration date is $168. (Leave no cells blank - be certain to enter "0" wherever required. Loss amounts should be indicated by a minus sign. Round "Profit/Loss" to 2 decimal places.)

    Payoff Profit/Loss   a.   Call option, X = 160 ?    ?      b.   Put option, X = 160 ?    ?      c.   Call option, X = 165 ?    ?      d.   Put option, X = 165 ?    ?      e.   Call option, X = 170 ?    ?      f.   Put option, X = 170 ?    ?   

Explanation / Answer

stock price on expiration 168 Premium     Payoff Profit/Loss   a.   Call option, X = 160 11.95 8 -3.95 payoff - premium   b.   Put option, X = 160 5.35 0 -5.35 payoff - premium   c.   Call option, X = 165 8.7 3 -5.7 payoff - premium   d.   Put option, X = 165 7 0 -7 payoff - premium   e.   Call option, X = 170 5.86 0 -5.86 payoff - premium   f.   Put option, X = 170 9.25 2 -7.25 payoff - premium

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote