Question: THIS IS A TWO PART QUESTION. YOU MUST GET BOTH PARTS CORRECT TO EARN CREDIT. Option Quotations for China Doll (CD) Corporation are listed as
THIS IS A TWO PART QUESTION. YOU MUST GET BOTH PARTS CORRECT TO EARN CREDIT. Option Quotations for China Doll (CD)
Corporation are listed as follows: ............................................CALL.........PUT Closing.....Strike....EXP...Premium....Premium 10.07............8.200......Jul........2.370.........0.1000 10.07............8.200......Sep......2.620.........0.2500 10.07............8.700......Aug......2.270.........0.4500 10.07............8.950......Oct.......2.120........0.6000 10.07............9.200......Jun.......2.120.........0.8000
"Closing" represents the closing price per share of CD on a particular trading day.
PART 1: Is the Sep Call in-the-money or out-of-the-money? (answer with the word IN or the word OUT)
PART 2: Is the Jun Put in-the-money or out-of-the-money? (answer with the word IN or the word OUT)
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