shot to complete the table and answer the questions that follow. GRAB GOOG US Equity 95) Actions ALPHABET INC-C 697.77 -7.30 -1.0354% Center 697.77 Strikes 18 Exp 17-Jun-16 Calc Mode 81 Center Strike 82 Calls/Puts Calls Ticker Bid Ask Last Volm 17-Jun-16 (108d); CSize 100; IDiv.31; R.69; IFW 1) GOOG 6/17 63.30y 65.10y 66.60y 2) GOOG 6/17 60.10y 61.70y 62.50y 56.80y 58.50y 58.70y 3) GOOG 6/17 4) GOOG 6/17 53.90y 55.30y 56.31y . 97) Settings 701.25 / 702.50 83 Calls 84 Puts Hi 710.89 Lo 697.68 Exch US Composite As of 01-Mar-2016 > 89 Term Structure Strike 87) Honeyness Option Volm 2509 92) 04/21/16 Puts Ticker Bid Ask Last 18 17-Jun-16 (108d); CSize 100; IDiv.31; 1 660.00 55) GOOG 6/17 24.10y 25.00y 21.60y 665.00 56) GOOG 6/17 670.00 ) GOO0G 6/17 25.00y 25.70y 26.60y 27.50y 28.50y 29.30y 30.70v 24.70y 26.65x 2 675.00 88) GOOG 6/17

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question
1. The table below is the latest option screen for Google Class C. Use the information in the screen
shot to complete the table and answer the questions that follow.
GRAB
GOOG US Equity
95) Actions
...ALPHABET INC-C 697.77 -7.30 -1.0354%
Center 697.77 Strikes 18 Exp 17-Jun-16
Calc Mode
80 Center Strike
Option
C660
C685
C700
P660
P685
P700
82 Calls/Puts
Calls
Ticker
Bid Ask Last Volm
17-Jun-16 (108d); CSize 100; IDiv.31; R.69; IFw
1) GOOG 6/17 63.30y 65.10y 66.60y
18
1
62.50y
25.00y
2 675.00
5 680.00
58.70y
56.31y
57.10y
54.90y
51.70y
50.00y
4
Puts
Ticker
Bid Ask Last Volm
17-Jun-16 (108d); CSize 100; IDiv.31; R.69; IF
660.00 55) GOOG 6/17 24.10y 25.00y 21.60y
665.00 56) GOOG 6/17 25.70y 26.60y
670.00 9) G00G 6/17 27.50y 28.50y 24.70y
) GOOG 6/17 29.30y 30.70y 26.65y
99) GOOG 6/17 31.20y 32.40y 28.71y
685.00 60) GOOG 6/17 33.30y 34.50y 30.60y
690.00 61) GO0G 6/17 35.30y 37.10y 32.90y
695.00 62) GOOG 6/17 37.50y 38.90y 36.30y
5 700.00 63) GOOG 6/17 39.90y 41.50y 40.00y
25 705.00 64) GOOG 6/17 42.20y 43.60y 41.70y
1 710.00 65) GOOG 6/17 44.70y 46.20y 53.21y
2 715.00 66) GOOG 6/17 47.30y 49.20y 45.00y
101 720.00 67) GOOG 6/17 50.00 51.50y 45.00y
12 725.00 68) GOOG 6/17 52.80y 54.80y 47.60y
730.00 (9) GOOG 6/17 55.80y 57.20y 50.50y
735.00 70) GOOG 6/17 58.80y 60.20y 57.40y
740.00 71) GOOG 6/17 61.90y 63.30y 59.00y
745.00 72) GOOG 6/17 65.00y 66.60y 69.35y
16-Sep-16 (199d); CSize 100; IDiv.18; R.91; IFW
18
16-Sep-16 (199d); CSize 100; IDiv.18; R.91; IF
Australia 61 2 9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000
Japan 81 3 3201 8900
Singapore 65 6212 1000 U.S. 1 212 318 2000
Copyrht 2016 Bloomberg Finance L.P.
SN 665625 G717-2331-3 0-Mar-16 8:56:56 EST GMT-5:00
2) GOOG 6/17
3) GOOG 6/17
4) GOOG 6/17
5) GOOG 6/17
6) GOOG 6/17
7) GOOG 6/17
8) GOOG 6/17
9) GOOG 6/17
10) GOOG 6/17
11) GOOG 6/17
12) GOOG 6/17
13) GOOG 6/17
14) GOOG 6/17
15) GOOG 6/17
16) GOOG 6/17
D) GOOG 6/17
18) GOOG 6/17
60.10y 61.70y
56.80y 58.50y
53.90y 55.30y
50.70y 52.40y
47.60y 49.50y
45.10y 46.70y
42.30y 43.60y
39.50y 40.90y 42.00y
36.90y 38.50y 40.65y
34.60y
35.90y
32.10y 33.40y
30.10y 31.10y
27.90y 28.90y
25.80y 26.70y
23.80y 24.70y
21.90y 22.80y
38.78y
2
4
20.10y 21.10y 23.50y
83 Calls
97) Settings
701.25 / 702.50 Hi 710.89 Lo 697.68
Exch US Composite
As of 01-Mar-2016
89 Term Structure
Strike
36.50y
30.50y
31.10y
29.00y
28.00y|
25.00y
84 Puts
ITM or ATM or OTM
1
1
87) Moneyness
Option Monitor
Volm 2509 HV 31.05
92) 04/21/16 E | ERN >>
Intrinsic Value
Premium
If the price of Google Class C does not change, then on June 17, 2016, the Premium of the C660 contract
should be
1
11
10
If the price of Google Class C does not change, then on June 17, 2016, the Premium of the P660 contract
should be
1
Transcribed Image Text:1. The table below is the latest option screen for Google Class C. Use the information in the screen shot to complete the table and answer the questions that follow. GRAB GOOG US Equity 95) Actions ...ALPHABET INC-C 697.77 -7.30 -1.0354% Center 697.77 Strikes 18 Exp 17-Jun-16 Calc Mode 80 Center Strike Option C660 C685 C700 P660 P685 P700 82 Calls/Puts Calls Ticker Bid Ask Last Volm 17-Jun-16 (108d); CSize 100; IDiv.31; R.69; IFw 1) GOOG 6/17 63.30y 65.10y 66.60y 18 1 62.50y 25.00y 2 675.00 5 680.00 58.70y 56.31y 57.10y 54.90y 51.70y 50.00y 4 Puts Ticker Bid Ask Last Volm 17-Jun-16 (108d); CSize 100; IDiv.31; R.69; IF 660.00 55) GOOG 6/17 24.10y 25.00y 21.60y 665.00 56) GOOG 6/17 25.70y 26.60y 670.00 9) G00G 6/17 27.50y 28.50y 24.70y ) GOOG 6/17 29.30y 30.70y 26.65y 99) GOOG 6/17 31.20y 32.40y 28.71y 685.00 60) GOOG 6/17 33.30y 34.50y 30.60y 690.00 61) GO0G 6/17 35.30y 37.10y 32.90y 695.00 62) GOOG 6/17 37.50y 38.90y 36.30y 5 700.00 63) GOOG 6/17 39.90y 41.50y 40.00y 25 705.00 64) GOOG 6/17 42.20y 43.60y 41.70y 1 710.00 65) GOOG 6/17 44.70y 46.20y 53.21y 2 715.00 66) GOOG 6/17 47.30y 49.20y 45.00y 101 720.00 67) GOOG 6/17 50.00 51.50y 45.00y 12 725.00 68) GOOG 6/17 52.80y 54.80y 47.60y 730.00 (9) GOOG 6/17 55.80y 57.20y 50.50y 735.00 70) GOOG 6/17 58.80y 60.20y 57.40y 740.00 71) GOOG 6/17 61.90y 63.30y 59.00y 745.00 72) GOOG 6/17 65.00y 66.60y 69.35y 16-Sep-16 (199d); CSize 100; IDiv.18; R.91; IFW 18 16-Sep-16 (199d); CSize 100; IDiv.18; R.91; IF Australia 61 2 9777 8600 Brazil 5511 2395 9000 Europe 44 20 7330 7500 Germany 49 69 9204 1210 Hong Kong 852 2977 6000 Japan 81 3 3201 8900 Singapore 65 6212 1000 U.S. 1 212 318 2000 Copyrht 2016 Bloomberg Finance L.P. SN 665625 G717-2331-3 0-Mar-16 8:56:56 EST GMT-5:00 2) GOOG 6/17 3) GOOG 6/17 4) GOOG 6/17 5) GOOG 6/17 6) GOOG 6/17 7) GOOG 6/17 8) GOOG 6/17 9) GOOG 6/17 10) GOOG 6/17 11) GOOG 6/17 12) GOOG 6/17 13) GOOG 6/17 14) GOOG 6/17 15) GOOG 6/17 16) GOOG 6/17 D) GOOG 6/17 18) GOOG 6/17 60.10y 61.70y 56.80y 58.50y 53.90y 55.30y 50.70y 52.40y 47.60y 49.50y 45.10y 46.70y 42.30y 43.60y 39.50y 40.90y 42.00y 36.90y 38.50y 40.65y 34.60y 35.90y 32.10y 33.40y 30.10y 31.10y 27.90y 28.90y 25.80y 26.70y 23.80y 24.70y 21.90y 22.80y 38.78y 2 4 20.10y 21.10y 23.50y 83 Calls 97) Settings 701.25 / 702.50 Hi 710.89 Lo 697.68 Exch US Composite As of 01-Mar-2016 89 Term Structure Strike 36.50y 30.50y 31.10y 29.00y 28.00y| 25.00y 84 Puts ITM or ATM or OTM 1 1 87) Moneyness Option Monitor Volm 2509 HV 31.05 92) 04/21/16 E | ERN >> Intrinsic Value Premium If the price of Google Class C does not change, then on June 17, 2016, the Premium of the C660 contract should be 1 11 10 If the price of Google Class C does not change, then on June 17, 2016, the Premium of the P660 contract should be 1
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