2. The Relationship between the Option Price (premium) and the Time to Expiration (T) - In this question you will investigate how the price of a stock option is affected by the Time to Expiration (T), while holding all other factors constant. You will investigate the relationship for both calls and puts.

On any day of your choice, for the company you selected in question 2, obtain the prices of both CALLS and PUTS for the at- (or near-the-money) strike for 5 unique expiration months (all less than a year from the day you choose). Please ensure that there is a price for all the expiration months and the strike that you choose. You must use the same strike for ALL expirations. Please use ONLY Monthly options, i.e., NOT weeklys. DO NOT choose strikes that have a price of less than $0.05 Plot on the same graph the relationship between the Call price and the Time to Expiration (in days) and the relationship between the Put price and the Time to Expiration (in days). Please label your graph clearly. Include both your table and your graph with your report. Please report the stock price at the time you download the data. Comment on your graph.