Suppose you buy 50 Jul 100 call option contracts. Hendreeks stock is selling for
ID: 2650217 • Letter: S
Question
Suppose you buy 50 Jul 100 call option contracts. Hendreeks stock is selling for $106.3 per share on the expiration date. How much is your options investment worth? What if the stock price is $102.2 on the expiration date? (Omit the "$" sign in your response.)
Calls Puts Strike Close Price Expiration Vol. Last Vol. Last Hendreeks 103 100 Feb 72 5.20 50 2.40 103 100 Mar 41 8.40 29 4.90 103 100 Apr 14 10.68 10 6.60 103 100 Jul 8 14.30 2 10.10
Explanation / Answer
Option payoff at 106.30
Gross payoff = spot price