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Unformatted text preview: Lifetim e Open bu; cents per bu. Open High Low Settle Chg High Low Int Mar 04 149.00 151.50 148.75 149.75 1.00 157.75 131.00 4,464 May 150.00 151.25 149.50 150.25 0.50 158.50 135.00 350 Based on this information, which one of the following statements is correct? (Points : 10) a) Oats trade on the New York Mercantile Exchange. b) The price of the March 2004 oats contract at the close was $5,000 higher than the previous day's closing price. c) The cost of a March 2004 contract was $7,487.50 at the market close. d) The highest price at which the May oats contract has traded is $158.50 per contract. 5. One reason that writing options can be a viable and profitable investment strategy is that (Points : 10) a) the option writer collects the quarterly dividends. b) an option writer can exercise the option to avoid a potential loss. c) an option writer determines when the option is exercised. d) most options expire unexercised....
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- Spring '12