Question

Refer to Table 10-6 Price quotes are stated in 1/64ths a. How many ExxonMobil October 2016 $90.00 put options were outstanding at the open of trading on August 3, 2016? b. What was the closing price of a 10-year Treasury note December 13300 futures call option on August 3, 2016? c. What was the closing and dollar price of a December 2160 call option on the S&P 500 Stock Index futures contract on August 3. 2016? d. What was the open interest on September 2016 put options (with an exercise price of 185) on the DJ Industrial Average stock index on August 3, 2016? Answer is not complete. 4,398 13,300 Put options Closing price Closing price Dollar price Open interest d

Answer 1

A)           ExxonMobil Put options priced at $90 as on Oct 2016 were outstanding at the open of trading    

                Please refer to window - "Stock options"             

Refer very last date of october and strike price which is $90 (given in the question) then refer Put options table and pick up the corresponding interest          which is 4398.

                Answer is "4398"            

                               

B)            Closing price of a 10 year Treasury Note December 13300 futures call option       

                Please refer to window - "10 Year US Treasury Note"     

                From column "Strike " - Look up for "13300"       

                Under "Call" Table - look for "Dec" which is "0'56"            

               

               Answer is "0'56"              

                               

C)            Closing and dollar price of a December 2160 call option on the S&P 500 Stock Index Futures Contract      

                Please refer to window - "S&P 500 SPX"               

                From column "Expiration " - Look up for last date of Dec which is "16 Dec"            

                Under "Call" Table - look for "strike" which is 2200 which is the dollar price           

                Closing price is mentioned on the top of the table which is "2166.70"      

               

               Answer is - closing price "2166.70" and dollar price "2200"          

                               

D)           Open interest on September 2016 put options with an exercise price of 185 on the DJ industrial        Average Stock index    

               

                Please refer to window - "DJ Industrials "            

                From column "Expiration " - Look up for a date in Sept which is "16 Sep"               

                Under "Strike price" Column - look for exercise price "185"         

                Under "Put" Table - "Open Interest" column - look for corresponding interest which is "2084"    

               

                Answer is "2084"