question archive QUESTION 7 Fish & Chips: Ben Johnson bought 5,000 call options on stock of FISH Company and 1,000 call option on stocks of CHIPS Company
Subject:FinancePrice: Bought3
QUESTION 7 Fish & Chips: Ben Johnson bought 5,000 call options on stock of FISH Company and 1,000 call option on stocks of CHIPS Company. Exercise Price Current Price Premium Exercise Date FISH $22 $24.20 $2 8-Oct-21 CHIPS $14 $13.33 $1 8-Oct-21 What was Ben's net profit on the FISH option? QUESTION 8 Fish & Chips: What was Ben's net profit on the CHIPS option? QUESTION 9 Fish & Chips: Should Ben exercise FISH option? Yes No QUESTION 10 Fish & Chips: Should Ben exercise CHIPS option? O Yes Ο O No