Bid 309.59 Ask 309.70 Size 0x0 Volo Last Calls Sale Net Bid Ask Vol Open Puts Int Last Sale Net Bid Ask Vol Open Int 05 Sep 290.0 (GGD IR-E) 20.10 pc 0 이 0 9147 05 Sep 290.0 (GGD UR-E) 0.25 pc 0 이이 017717

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 2.1C
icon
Related questions
Question
I have answers but I want to make sure I did the question correctly
GOOG TABLE 2
Sep 13, 2005 @ 06:49 ET (Data 15 Minutes Delayed)
Calls
Last
Sale
Net Bid Ask Vol
Open
Int
Puts
309.74 pc
Bid 309.59 Ask 309.70 Size 0x0 Volo
Last
Sale
Net Bid Ask Vol
Open
Int
05 Sep 290.0 (GGD
IR-E)
20.10 pc 0 이 09147 05 Sep 290.0 (GGD UR-E) 0.25 pc 0 0 017717
05 Sep 300.0 (GGD
IT-E)
10.70 pc 0
이
0 22848 05 Sep 300.0 (GGD UT-E)
0.85 pc 0
0
014542
05 Sep 310.0 (GGD
IB-E)
3.70 pc 0
0
017881 05 Sep 310.0 (GGD UB-E) 4.00 pc 0
0
06101
05 Sep 320.0 (GGD
ID-E)
0.85 pc 0
0018552 05 Sep 320.0 (GGD UD-E) 10.70 pc 0
0
0 2475
05 Oct 290.0 (GGD
JR-E)
26.60 pc 0
0 0 2721 05 Oct 290.0 (GGD VR-E)
5.70 pc 0
0 0 2725
05 Oct 300.0 (GGD
JT-E)
05 Oct 310.0 (GGD
JB-E)
20.10 pc 0
14.90 pc 0
0 0 5218 05 Oct 300.0 (GGD VT-E)
9.30 pc 0
0
0 1842
0 0 4129 05 Oct 310.0 (GGD VB-E) 13.90 pc
0
0 940
PART B
You purchased 10 Sept 300 calls (Strike price = $300) using the information in the Table
from Part A. Now, You are trying to decide whether or not to close your position. The
current stock price is $309.74.
Scenario 1: Sell your 10 calls
Scenario 2: Exercise your call options.
(a) Determine your profit or loss, if you sold your options. $ -94.00
(b) Determine your profit or loss, if you exercised your options. $ 97.40
(c) Should you Sell or Exercise? Exercise
Transcribed Image Text:GOOG TABLE 2 Sep 13, 2005 @ 06:49 ET (Data 15 Minutes Delayed) Calls Last Sale Net Bid Ask Vol Open Int Puts 309.74 pc Bid 309.59 Ask 309.70 Size 0x0 Volo Last Sale Net Bid Ask Vol Open Int 05 Sep 290.0 (GGD IR-E) 20.10 pc 0 이 09147 05 Sep 290.0 (GGD UR-E) 0.25 pc 0 0 017717 05 Sep 300.0 (GGD IT-E) 10.70 pc 0 이 0 22848 05 Sep 300.0 (GGD UT-E) 0.85 pc 0 0 014542 05 Sep 310.0 (GGD IB-E) 3.70 pc 0 0 017881 05 Sep 310.0 (GGD UB-E) 4.00 pc 0 0 06101 05 Sep 320.0 (GGD ID-E) 0.85 pc 0 0018552 05 Sep 320.0 (GGD UD-E) 10.70 pc 0 0 0 2475 05 Oct 290.0 (GGD JR-E) 26.60 pc 0 0 0 2721 05 Oct 290.0 (GGD VR-E) 5.70 pc 0 0 0 2725 05 Oct 300.0 (GGD JT-E) 05 Oct 310.0 (GGD JB-E) 20.10 pc 0 14.90 pc 0 0 0 5218 05 Oct 300.0 (GGD VT-E) 9.30 pc 0 0 0 1842 0 0 4129 05 Oct 310.0 (GGD VB-E) 13.90 pc 0 0 940 PART B You purchased 10 Sept 300 calls (Strike price = $300) using the information in the Table from Part A. Now, You are trying to decide whether or not to close your position. The current stock price is $309.74. Scenario 1: Sell your 10 calls Scenario 2: Exercise your call options. (a) Determine your profit or loss, if you sold your options. $ -94.00 (b) Determine your profit or loss, if you exercised your options. $ 97.40 (c) Should you Sell or Exercise? Exercise
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Quickbooks Online Accounting
Quickbooks Online Accounting
Accounting
ISBN:
9780357391693
Author:
Owen
Publisher:
Cengage