Question: PLEASE HELP ASAP!!!! NEED IT QUICK!!! Please answer the next question based on the following quotes on currency options contracts for Swiss francs (CHF), where
Please answer the next question based on the following quotes on currency options contracts for Swiss francs (CHF), where each contract has 62.500 CHFs. Exercise prices, call and put premiums are in cents. Calls Vol. Last 62,500 Swiss Francs-European 77 Oct 77 78 Dec Nov 78 Dec 79 Oct Nov 79 79 Dec 80 80 Nov Dec 81 Oct 81 Nov 81 Dec Nov Nov Dec 82 83 10 2.78 31 3.60 O out-of-the-money; loss of $1.950.00 Cout-of-the-money: loss of $2.812.50 O in the-money: profit of $862.50 O in-the money: profit of $2,812.50 14 2.66 1.59 5 2.04 5 ta: uuu! 1.00 21 1.39 0.59 0.99 10 0.33 47 0.20 0.40 Puts Vol. Last Style. 47 100 50 10 ... 15 0.23 0.43 0.27 55 ... 3.12 www You buy one November PUT options contract with an exercise price of $0.83. If at the time of the option expiration date, the spot price for Swiss francs is $0.785, then this put option is and you incur a net
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