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1. The current stock price of YYY is $206.36. You have the following quotes on YYY options: a) Which of the options are in the

1. The current stock price of YYY is $206.36. You have the following quotes on YYY options:image text in transcribed

a) Which of the options are in the money?

b) What is the exercise value of a YYY call option with a strike price of $200?

b) What is the time value of a YYY put option with a strike price of $215?

d) Why are the put prices increasing as you move down the table?

Expiration |Strike CallsPuts Price September200 September205 6.26 0.23 2.351.10 2.366.37 1.1110.80 October October 215

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