You are a Canadian exporter scheduled to receive a payment of USD 1,000,000 from the US buyer in 30 days. One USX call option is 10,000 USD. USX call options and put options are available with an Option Premium of 10 cents Canadian per USD. If you expect the USD to appreciate substantially in the next 15 to 45 days, what will be the most appropriate course of action? 

Answer rating: 100% (QA)

Given your expectation of a substantial appreciation in the USD over the next 1545 days the most appropriate course of action is to buy USD call optio... View the full answer