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Call Put Expiration Strike Price Last Volume Open Interest Last Volume Open Interest May 2021 6 3.5 12 578 0.44 20 4175 Jan 2022 7.5

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Call Put Expiration Strike Price Last Volume Open Interest Last Volume Open Interest May 2021 6 3.5 12 578 0.44 20 4175 Jan 2022 7.5 1.7 60 17062 0.7 138 58909 If the stock price is $7, what are the intrinsic values of Jan call and put options? What are the time values of Jan call and put options? Show your calculations

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