At Expiry, a Holder of a Call Option (With an Exercise

question 38

True/False

At expiry, a holder of a call option (with an exercise price of $18.50, purchased for a premium of $1.05)over JB Hi-Fi shares will NOT exercise if the share-price is $19.00.

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Definitions:

Pie Chart

A graphical representation of data that divides a whole into slices to illustrate numerical proportion.

Total Percentages

The sum of all percentage values in a given data set, which should ideally equal 100% if they are exhaustive and mutually exclusive categories.

Pie Chart

A circular statistical graphic divided into slices to illustrate numerical proportion, where the arc length of each slice is proportional to the quantity it represents.

Bar Chart

A graphical representation of data where the values are depicted by the length of bars.