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March 17, 2009
Test your Knowledge
You own 600 shares of the stock SLN. This includes 100 shares at each of the following prices:
$58.76
$55.00
$52.98
$50.39
$47.81
$46.32
None of your shares were called at expiration. On Trade Day, SLN is trading at $53.86. Here’s the option chain:

$58.76
$55.00
$52.98
$50.39
$47.81
$46.32
None of your shares were called at expiration. On Trade Day, SLN is trading at $53.86. Here’s the option chain:

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