a-1. If the stock price in October is $106, will you exercise your call?

Yes

No

a-2. What is the net profit/loss on your position? (Negative amount should be indicated by a minus sign.)

Net loss Net profit            $

a-3. What is the rate of return on your position? (Round your answer to 2 decimal places.)

Rate of return             %

b-1. Would you exercise the call if you had bought the October call with the exercise price $95?

Yes

No

b-2. What is the net profit/loss on your position? (Input the amount as a positive value.)

Net profit     Net loss            $

b-3. What is the rate of return on your position? (Round your answer to 2 decimal places.)

Rate of return             %            

c-1. What if you had bought an October put with an exercise price of $105 instead? Would you exercise the put at a stock price of $105?

Yes

No

c-2. What is the rate of return on your position? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.)

Rate of return             %