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At 15:00 on February 3, 2020, the CSI 300 stock price index is 3688.36, the CSI 300 stock index futures price expiring in February 2020

At 15:00 on February 3, 2020, the CSI 300 stock price index is 3688.36, the CSI 300 stock index futures price expiring in February 2020 is 3591.20, and the CSI 300 stock index call and put options with a strike price of 3600 expiring in February 2020 are priced at $106.20 and $133,.00, respectively. Assume that the continuously compounded risk-free interest rate is 3% per annum and the annualized dividend rate of the CSI 300 stock index is 1%. Compare the difference in intrinsic value, and parity point of the option using spot price and futures price? Also, compare the performance of the PCP parity expressed in terms of spot price and futures price.

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