Fri 20 Jan, 2012 08:44 am - Perfect. That is exactly what I wasn't sure about. We have a group and my group was doing it completely different (and clearly wrong) so this is great validation. Thanks all! (view)
Fri 20 Jan, 2012 08:43 am - The savings account part wasn't the issue... it was the Options contract portion, but thanks for the contructive help. (view)
Thu 19 Jan, 2012 04:45 pm - The Situation
You have $500 to spend. A friend has told you that you can use it to buy an “option contract” for 1000
shares of a company that has per share price of $30. The option... (view)