SuperSoft

SuperSoft - 1.600 SS would exercise option to sell Would...

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Super Soft Case Put Option Contracts             Quoted Prices Option  DM  62,500.00         European Style       American Style Strike Prices Nov. 11 Dec. 9 Nov. 11 Dec. 11     American O   in DM/$   in $/DM Cost  1.6129  0.620 0.17  1.6000  0.625 0.24  1.5873  0.630 0.09 0.3 0.1 0.34  62.50   1.5748  0.635 0.15 0.37  93.75   1.5625  0.640 0.51 0.25 0.57  156.25   1.5504  0.645 0.36 0.34 0.68  212.50   1.5385  0.650 1.05  -     1.5267  0.655 0.68  425.00   1.5152  0.660 0.92 1.39  575.00  Old spot Exp. $ SuperSoft expects to receive   $69,750  1.55  $45,000  They are hurt by DM weakening Option to buy December 0.66 If spot on Dec 1 is    DM/$
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Unformatted text preview: 1.600 SS would exercise option to sell Would receive $41,250.00 for 62,500.00 DM Would sell the rest at 4,531.25 7,250.00 Excess Total receipt $45,781.25 for a difference of $781.25 Compare to Minus cost of PUT Transaction $(60.00) open market PUT Price $(868.75) $43,593.75 Compared to $45,000 Net Gain (Loss) $(147.50) $(1,406.25) in ¢/DM in ¢/DM in ¢/DM in ¢/DM ptions Cost 106.25 212.50 231.25 356.25 425.00 656.25 - 868.75...
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SuperSoft - 1.600 SS would exercise option to sell Would...

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