For the Pfizer options referenced earlier: Time value of March 25 call = $1.15 - $0.70 -

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For the Pfizer options referenced earlier:

Time value of March 25 call = $1.15 - $0.70 - $0.45

Time value of March 27.50 put = $1.90 - $1.80 - $0.10

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Investments Analysis And Management

ISBN: 9781118975589

13th Edition

Authors: Charles P. Jones, Gerald R. Jensen

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