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  • IN CR ": Stocks and Shares 45

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    sergiolombrico
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    This document contains two stock transactions. The first transaction shows the sale of £10,000 worth of Egyptian bonds at 38, realizing a profit of £100. The second transaction shows the purchase of a put option on £5,000 of Egyptian bonds at 37, which was exercised at 37 when the price fell to 36, realizing a profit of £400.

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    276217-53-1695821324

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    This document contains two stock transactions. The first transaction shows the sale of £10,000 worth of Egyptian bonds at 38, realizing a profit of £100. The second transaction shows the purchase of a put option on £5,000 of Egyptian bonds at 37, which was exercised at 37 when the price fell to 36, realizing a profit of £400.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    2 views1 page

    IN CR ": Stocks and Shares 45

    Uploaded by

    sergiolombrico
    This document contains two stock transactions. The first transaction shows the sale of £10,000 worth of Egyptian bonds at 38, realizing a profit of £100. The second transaction shows the purchase of a put option on £5,000 of Egyptian bonds at 37, which was exercised at 37 when the price fell to 36, realizing a profit of £400.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 1

    IN STOCKS AND SHARES .

    45

    Dr. Cr. Dr. Cr .


    (C )
    -
    10,000 Aug. 1. —Sold £ 10/ m Egypts @38 3,800
    Aug. 1. Bought " put -of -more '""
    at seller's option £ 5/m Egypts
    end August account @ 37, or 1%

    -
    5,000 under this day's price ............ 1,850
    Aug. 31. The optional quantity
    of £ 5/m is " put " at 37, current

    -
    5,000 quotation being 36 1,850
    Aug. 31. Profit 100

    £ 10,000 £ 10,000 Stock £3,800 £ 3,800

    ( D) -
    Aug. 1. Bought " put-of -more '
    at Seller's option £ 5/ m Egypts
    end August account @ 37 , or
    5,000 1 % under this day's price ...... 1,850
    -
    Aug. 15. The price having risen
    to 41, £ 10/m are sold against
    . ..
    -
    10,000 above option ………… 4,100
    Aug. 31. The Stock has now
    fallen to 36, and the optional
    quantity is " put " @ 37 as con-

    -
    5,000 tracted 1,850
    Aug. 31. Profit ……………………………………
    ....... .......... 400

    £10,000 £10,000 Stock £ 4,100 £4,100

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