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Author Question: Rex bought a put on Alpha stock with a strike price of $35 when the market price of Alpha stock was ... (Read 120 times)

dekbert

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on: Mar 29, 2022

Question 1

NZMA stock is currently selling for $128.  Which of the following options is "in-the-money"?
◦ March 130 call
◦ February 125 call
◦ March 125 put
◦ February 100 put

Question 2

Rex bought a put on Alpha stock with a strike price of $35 when the market price of Alpha stock was $33 a share. Alpha is currently selling at $34 a share. Which of the following statements are true given this information?

I.Rex's option is worth at least $100 today.
II.Rex's option is worthless today.
III.Rex's option has more value today than when he bought it.
IV.Rex's option has less value today than when he bought it.

◦ I and III only
◦ I and IV only
◦ II and III only
◦ II and IV only
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
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Marked as best answer by dekbert on Mar 29, 2022

gwisel

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Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dekbert

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Reply 2 on: Mar 29, 2022
Excellent

skipfourms123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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