Consider an American call option contract, with an April exp…

Consider an American call option contract, with an April expiration month, on 100 shares of Intel common stock at a strike price of $35.00 per share. Suppose that Intel common stock currently is trading for $34.22 per share in the Nasdaq stock market. The premium is $2.09. What is the status of this option?

Elena writes one American put option contract, with a June e…

Elena writes one American put option contract, with a June expiration month, on 100 shares of Adobe Systems common stock at a strike price of $62.50 per share. Suppose that Adobe Systems common stock currently is trading for $76.01 per share in the Nasdaq stock market. Elena collects a premium of $3.55. In principle, what is the greatest total dollar loss that Elena might experience on her option position? Ignore brokerage fees. Choose the best answer.

Consider an American call option contract, with an April exp…

Consider an American call option contract, with an April expiration month, on 100 shares of Intel common stock at a strike price of $35.00 per share. Suppose that Intel common stock currently is trading for $36.97 per share in the Nasdaq stock market. The premium is $4.83. What is the status of this option?

Elena writes one American put option contract, with a May ex…

Elena writes one American put option contract, with a May expiration month, on 100 shares of Intel common stock at a strike price of $40.00 per share. Suppose that Intel common stock currently is trading for $41.35 per share in the Nasdaq stock market. Elena collects a premium of $1.22. What is the greatest total dollar loss that Elena might experience on her option position? Ignore brokerage fees. Choose the best answer.