The strike price on a Brazilian real (BRL) put option is [st…
The strike price on a Brazilian real (BRL) put option is [strike] cents, and each contract represents BRL 100,000 real. If the ultimate settlement of the Brazilian real is [settle] cents at expiry, what is the gross payoff of this contract (in USD)? Please input your answer as a whole number of dollars with no decimals. (Eg. $2,000 would be 2000)
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Assume a multinational conglomerate purchases 500 PUT OPTIONS for June delivery on the British pound (GBP) with a strike price of $1.42 per pound. If the pound ends up $1.37 per pound at expiry, the cost of each option was $0.0078 per pound, and each contract represents £62,500 underlying… What are the net proceeds of this put option position?
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