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Stock Option Plan (Tables)
12 Months Ended
Oct. 31, 2020
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Options Granted
A summary of information with respect to options granted is as follows:
 
   Number of
Shares
   Stock Option Price
Range
   Weighted
Average
Exercise
Price
   Aggregate
Intrinsic
Value
 
Outstanding at November 3, 2018
   5,000   $12.10   $12.10      
   
 
 
   
 
 
   
 
 
      
Granted
   —      —      —        
Exercised
   2,250    12.10    12.10      
Canceled
   —      —      —        
   
 
 
   
 
 
   
 
 
      
Outstanding at November 2, 2019
   2,750   12.10   12.10      
   
 
 
   
 
 
   
 
 
      
Granted
   24,550    24.00    24.00      
Exercised
   —      —      —        
Canceled
   —      —      —        
   
 
 
   
 
 
   
 
 
   
 
 
 
Outstanding at October 31, 2020
   27,300   $12.10 – 24.00   $23.36   $30,663 
   
 
 
   
 
 
   
 
 
   
 
 
 
Outstanding Stock Options
The following table summarizes information about the outstanding stock options at October 31, 2020:
 
Options Outstanding
   Options Exercisable 
Exercise Price
  Shares
Outstanding
   Weighted
Average
Remaining
Contractual
Life (years)
   Weighted
Average
Exercise
Price
   Number
Exercisable
   Weighted
Average
Exercise Price
 
      $ 12.10
   2,750    1   $12.10    2,750   $12.10 
      $ 24.00
   24,550    5   24.00    24,550   24.00 
   
 
 
   
 
 
   
 
 
   
 
 
   
 
 
 
    27,300    4.91   $23.36    27,300   $23.36