Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Assignment # 1 Stock NAME = NETFLIX DATE= 1/22/2019 StockTicker= NFLX New York Price for the stock = 325.16 OPTION STRIKE OPTION PREMIUM May expiration
Assignment # 1 | ||||||
Stock NAME = | NETFLIX | DATE= | 1/22/2019 | |||
StockTicker= | NFLX | New York Price for the stock = | 325.16 | |||
OPTION STRIKE | OPTION PREMIUM | May expiration | ||||
Buy CALL | 340 | -15.75 | ||||
BUY PUT | 220 | -0.45 |
The current stock price is now 417.20
The 340 call premium is now worth 76.89
The 220 put premium is now worth .01
Calculate Profit and loss of positions and calculate time value remaining and intrinsic value.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started