Cont. Options Question The Current APPL stock price is $169.10. The Call options' price is equal to $11 and the put options' price is equal to $3.62 with same time to maturity, i.e. 20th of July 2020 and exercise price 'Strike' is $170. Assume that the maximum price AAPL could reach during this period is Sx = $250. ILOS: B1, C1, and C2 (18.5 Marks) a. With the $10,000 saving you have, what is the maximum number of shares you can take or exercise in each of the pervious scenarios? (Solved). b. What would be the profits or losses? In each case, when the stock price at expiration: i. Based on your final valuation in Question 1-part e; $193.11 (8X 0.75 Marks). ii. Based on your multiple valuation in Question 1-part a only; $103.37 (8x 0.75 Marks). c. In each case, what could be the maximum (you have the choice to write or draw) i. Profit? (8x 0.25 Marks). ii. Loss? (8x 0.25 Marks). d. Based on the criteria listed in Table 8, in each case: i. What would be your first, second choice, and the one that you'll never select? (6x 0.25 Marks) ii. Why? (2x 0.5 Marks) Cont. Options Question The Current APPL stock price is $169.10. The Call options' price is equal to $11 and the put options' price is equal to $3.62 with same time to maturity, i.e. 20th of July 2020 and exercise price 'Strike' is $170. Assume that the maximum price AAPL could reach during this period is Sx = $250. ILOS: B1, C1, and C2 (18.5 Marks) a. With the $10,000 saving you have, what is the maximum number of shares you can take or exercise in each of the pervious scenarios? (Solved). b. What would be the profits or losses? In each case, when the stock price at expiration: i. Based on your final valuation in Question 1-part e; $193.11 (8X 0.75 Marks). ii. Based on your multiple valuation in Question 1-part a only; $103.37 (8x 0.75 Marks). c. In each case, what could be the maximum (you have the choice to write or draw) i. Profit? (8x 0.25 Marks). ii. Loss? (8x 0.25 Marks). d. Based on the criteria listed in Table 8, in each case: i. What would be your first, second choice, and the one that you'll never select? (6x 0.25 Marks) ii. Why? (2x 0.5 Marks)