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a) b) If you sold 597 of the 28 10 JAN 28 Put Options for $3.04 on each contract and the market closed at 28.68;
a) 
If you sold 597 of the 28 10 JAN 28 Put Options for $3.04 on each contract and the market closed at 28.68; What would the intrinsic value of the options be at expiration? How much would you have to pay to buy 828 of the 18 29 JAN 23 Call Options? The premium for each contract is currently 3.53 b)
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
6th International Edition
0071229035, 978-0071229036
