answer a-e

2) (70 points total) Use the following 3 Tables to answer the following questions. Table 1 Netflix, Inc. (NFLX) Option Chain $293.75 3.03 1.02% Detects of 2010 Find a broker to begin trading FX Now Casa Open Option Chain for Netflix, Inc. (NFLX) Last Chg Bid An Vol Sep 06.2013 3058 50 920 220 Sep 06.2019 727 20 G Sep 06.2019 56 20 545 570 2047 Sep 06 2013 420 222 * 222 420 420 4 43 2102 2002 Sep 2019 320 -1.98 306 320 1434 Open t ot Suike 101 NX 25 N EY 20 262 NFLX 2826 2001 NLX 286 NFUX 2975 P uts Last Chg Bid Ask Vol Sep 06 2019 256 026 259 272 123 Sep 05, 2019 3045 330 345 3368 Sep 08, 2019 430 061 425 445 1174 Sep 08, 2019 $45 OUT 540 562569 Sep 6, 2019 660 094660715 669 611 Table 2 Netflix, Inc. (NFLX) Option Chain $288.51' 5.24 1.78% Delayed data as of Sep 3 2019 150FT Find a broker to begin trading NFLX HOW Option Chain for Netflix, Inc. (NFLX) Last Chg Bid Ask Vol Open Int Root Strike Puts Last Chg Bid Ask Vol Sep 06, 2019 460 435 460 470 716 181 NFLX 2015 Sep 06.2010 358 112 355 366 1119 Sep 06.2019 326 401 330 335 1835 524 NFLX 200 Sep 06, 2019 470 135 470 4804009 Sep 06 2015 226 33 222 225 3956 491 NFLX 22.5 Sep 06.2019 620 190 610 620 77 Sep 06, 2019 139 289 141 1444040 1429 NFLX 296 Sep 06, 2019 795 250 780790 Sep 06 2019 082 238 085 088 1274 892 NFLX 2375 Sep 06.2019 10.00 3.40 970 990 422 Open Int 1221 2012 Table 3 Netflix, Inc. (NFLX) Option Chain $290.17' 3.08 1.05% "Deared of Sep 2019 Find a broker to begin trading NFLX now Bid Ask Vol Openint 5149 Option Chain for Netflix, Inc. (NFLX) Calls Last Chg Bid Ask Vol Open IntRoot Sep 06, 2019 260 363 2326 2 NFLX Sep 05, 2019 017408 8716 NFLX Sep 05.2019001 259 10216 2567 NFLX Sep 05.2019 00123 4430NFLX Sep 05. 2019 001 066 1151 2311 NFUX 10107 Strike 287 5 250 2925 29 2975 Puts Last Chg Sep 06 2019 01 052 Sep 06.201907 693 Sep 06.2019 2 0 54 Sep 06.2019 505 1.90 Sep 06.2019 735 241 Sur s played a short straddle by writing (selling) one 292.5 call and one 2925 put (NFLX) aX5 points) Calculate the profit or loss if you closed at Table 2. Table bx points) Calculate the profit or loss if you closed at Table 3. 3 points) Why is your profit loss different in a) vs. b) above? Hint, there are two reasons! X10 points) You were talking with a friend and the discuss straddle. Among other things, they were saying that time other straddle bet. Explain! the differs friend fore het playing a long straddle vs. playing a of the straddle bets and time is not your friend ex 10 points) Why do they call a long straddle a long straddle and why to the call a short straddle a short straddle? Explain in detail (this worth 10 points)